Do trading partners still matter for Nigeria's growth? : a contribution to the debate on decoupling and spillovers /

Saved in:
Bibliographic Details
Author / Creator:Obiora, Kingsley, author.
Imprint:[Washington, D.C.] : International Monetary Fund, 2009.
Description:1 online resource (29 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/09/218
IMF working paper ; WP/09/218.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498379
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund. Strategy, Policy, and Review Department.
ISBN:1282844229
9781282844223
9781452798493
1452798494
1451917856
9781451917857
1462398146
9781462398140
9786612844225
6612844221
1451873654
9781451873658
Digital file characteristics:data file
Notes:Includes bibliographical references (pages 27-28).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
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. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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
Other form:Print version: Obiora, Kingsley I. Do trading partners still matter for Nigeria's growth? [Washington, D.C.] : International Monetary Fund, ©2009
Standard no.:10.5089/9781451917857.001