Asia Beyond the Global Economic Crisis: The Transmission Mechanism of Financial Shocks

Front Cover
Satoshi Inomata
Edward Elgar, 2011 - Political Science - 212 pages
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 is 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.

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Impact of the global economic crisis on employment in
51
International trade and real transmission channels of financial
71
Vertical specialization at the time of economic crisis
106
Copyright

5 other sections not shown

Other editions - View all

Common terms and phrases

About the author (2011)

Edited by Satoshi Inomata, Project Director, International Input-Output Project and Director, Microeconomic Analysis Group, Development Studies Center, IDE-JETRO, Japan

Bibliographic information