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Author Moriyama, Kenji, author

Title The spillover effects of the global crisis on economic activity in MENA emerging market countries : an analysis using the financial stress index / Kenji Moriyama
Published [Washington, D.C.] : International Monetary Fund, [2010]
Online access available from:
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Description 1 online resource (20 pages) : illustrations
Series IMF working paper, 2227-8885 ; WP/10/8
IMF working paper ; WP/10/8
Summary The estimated spillover of the global crisis to emerging market (EM) economies in the Middle East and North Africa (MENA) indicates that nearly two-thirds of the increased financial stress in MENA EM countries after the Lehman shock is attributable to direct or indirect spillovers of financial stress in advanced economies. Moreover, the estimated models suggest that the increased financial stress and slowdown in economic activity in advanced economies can explain about half of the drop in real GDP growth in MENA EM countries after the Lehman shock
Notes "January 2010"--Page [1]
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Cover title
Bibliography Includes bibliographical references (page 20)
Notes Print version record
Subject Economic development -- Africa, North -- Econometric models.
Economic development -- Middle East -- Econometric models.
Financial crises -- Africa, North -- Econometric models.
Financial crises -- Middle East -- Econometric models.
Global Financial Crisis, 2008-2009.
Africa, North -- Economic conditions -- 21st century -- Econometric models.
Middle East -- Economic conditions -- 21st century -- Econometric models.
Form Electronic book
Author International Monetary Fund, issuing body
ISBN 1283558831