Emerging Asia dominates external shocks to Australia and New Zealand: IMF paper


An International Monetary Fund paper, published in May, says shocks from emerging Asia are now more important to Australian business cycles than those from the United States.

Yan Sun, the paper's author, uses a structural vector autoregression to examine the size and source of external spillovers from emerging Asia to Australia and New Zealand.

The results show that commodity prices from emerging Asia dominate the transmission of shocks to Australia, with a 1% shock to emerging Asia's growth

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: