Growth Surprises and Synchronized Slowdowns in Emerging Markets : An Empirical Investigation /

Output growth has slowed in several emerging markets since 2011-a remarkable feature for a non-crisis period in EMs. Such synchronized slowdowns were largely unanticipated by scholars and forecasters alike. In this paper we attempt to shed light on the main drivers of growth surprises and synchroniz...

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Bibliographic Details
Main Author: Fayad, Ghada
Other Authors: Perrelli, Roberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/173
Online Access:Full text available on IMF