Trade and Financial Spilloveron Hong Kong SAR from a Downturn in Europe and Mainland China »
Journal Issue
Volume/Issue: 2012/81
Series: IMF Working Papers
Author(s): Papa N'Diaye , and Ashvin Ahuja
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2012
DOI: http://dx.doi.org/10.5089/9781475502336.001
ISBN: 9781475502336
Keywords: Macroeconomic Interdependence, Growth, Global VAR, Applied General Equilibrium Model, Simulation, financial system, lending, portfolio, financial distress, Multiple or Simultaneous Equation Models: Time-Series Models
Hong Kong SAR was hit hard by the global financial crisis, which started out in the U.S. and spilled over to the rest of the world. Three years later, vulnerabilities in the euro area's financial system and concern...