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Europe > Ireland

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Cover IMF Staff Papers
IMF Staff papers, Volume 45 No. 3
International Monetary Fund. Research Dept.
This paper presents international evidence on the determinants of trade dynamics. It provides some new empirical perspectives on the relationship between international trade and macroeconomic fluctuations in industrial economies. A comprehensive set of stylized facts concerning fluctuations in trade variables and their determinants is presented. A measure of the quantitative importance of international trade for the propagation of domestic business cycles is then constructed, focusing on the role of external trade as a catalyst for cyclical recoveries.
Keywords:
SP; reform programs in Asia; transition to a market economy; agriculture in Pakistan; taxing agriculture in Pakistan; costs of the economic crisis; market economy; trade bloc; Futures markets; Trade balance; Futures; Subnational tax; Exports; Global; North America; Africa; Asia and Pacific; Eastern Europe; West Africa; Baltics; Caribbean; trading bloc member