Asia beyond the global economic crisis: the transmission mechanism of financial shocks

The characteristic feature of the recent global economic crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region ca...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Weitere Verfasser: Inomata, Satoshi (HerausgeberIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cheltenham, U.K ; Northampton, Mass, USA Edward Elgar 2011
Schlagworte:
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Zusammenfassung:The characteristic feature of the recent global economic crisis is the speed and extent of the shock transmission. The development of cross-national production networks in recent years has significantly deepened the economic interdependency between countries, and a shock that occurs in one region can be swiftly and extensively transmitted to the rest of the globe. The sudden contraction of world trade and output was a negative outcome of this intertwined global economic system. Based on the method known as international input–output analyses, this book provides a detailed examination of the mechanics of shock transmission by probing the labyrinth of complex supply networks among nations
Beschreibung:Published in association with the Institute of Developing Economies
Beschreibung:1 Online-Ressource (xii, 212 pages) Diagramme
ISBN:9780857930507