Anzeige
Erschienen in:
2015 | OriginalPaper | Buchkapitel
5. Conclusions
verfasst von : Antonio Pesce
Erschienen in: Economic Cycles in Emerging and Advanced Countries
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Abstract
In this monograph, I analyzed how the degree of vulnerability of Emerging Economies (EEs) to shocks from Advanced Economies (AEs) has changed over the past 30 years. The main result is that, despite remaining sensitive to the effects of the shocks spreading from the AEs, the EEs have become less vulnerable to such external shocks (both of real and of credit kind). However, over the past 30 years, the economic strengthening of the EEs to external shocks followed a “wave-like” path. A new evidence which need to be explored in deep and which reveals the complexity of the decoupling phenomenon.