Description
| Summary: | Should policymakers still be concerned about economic growth in trading partners? Have developing and emerging market countries decoupled from the US enough to grow despite significant recession in the US? Using VAR models, this paper addresses these questions for Nigeria in the context of the global crisis. The results seem to debunk the "decoupling theory" and suggest there are still significant spillovers from Nigeria's main trading partners, including the US, with trade and commodity price linkages being the dominant transmission channels. Given the sharp fall in both trade financing and commodity prices in aftermath of the crisis, these results provide some explanation to the realization of adverse second-round effects in Nigeria
|
|---|
| Physical Description: | 1 online resource (29 pages) : illustrations |
|---|
| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
|---|
| Bibliography: | Includes bibliographical references (pages 27-28). |
|---|
| ISBN: | 1282844229
9781282844223
9781452798493
1452798494
1451917856
9781451917857
1462398146
9781462398140
9786612844225
6612844221
1451873654
9781451873658 |
|---|
| ISSN: | 2227-8885 ; |
|---|
| Language: | English. |
|---|
| Reproduction Note: | Electronic reproduction. |
|---|
| Source of Description, Etc. Note: | Print version record. |
|---|
| Action Note: | digitized |
|---|