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GTAP Resource #7197

"Shocks in a highly interlinked global economy"
by Kowalski, Przemyslaw, Christine Arriola and Frank van Tongeren

The transmission of shocks through the global economy has recently come to the fore in policy and business discussions in the context of increasingly uncertain global economic and geopolitical environments. This report aims to inform government and business efforts to enhance resilience by identifying some of the risks inherent in the interlinked global economy. It does so by gauging possible exposure to risk and identifying the main channels of the transmission of production shocks to economic sectors connected vertically through domestic and international value chains or horizontally through foreign competition using a large set of simulation results from the OECD global trade model METRO. In addition to assessing the overall extent of shock transmission, the analysis identifies countries and sectors which may be particularly vulnerable to such shocks and countries and sectors that could potentially be significant sources of risk.

Resource Details (Export Citation) GTAP Keywords
Category: 2024 Conference Paper
Status: Not published
By/In: Presented during the 27th Annual Conference on Global Economic Analysis (Fort Collins, Colorado, USA)
Date: 2024
Created: Kowalski, P. (4/12/2024)
Updated: Kowalski, P. (4/12/2024)
Visits: 38
- Advances in quantitative methods

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