Spillovers to Low-Income Countries : Importance of Systemic Emerging Markets /

This paper documents the expanding economic linkages between low-income countries (LICs) and a narrow group of "Emerging Market leaders" that have become major players in regional and global trade and financial flows. VAR models show that these linkages have increased the share of growth v...

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Bibliographic Details
Main Author: Dabla-Norris, Era
Other Authors: Espinoza, Raphael, Jahan, Sarwat
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/049
Online Access:Full text available on IMF