The United States, considered to be the "engine" of the world economy, has been a puzzle for numerous economists. How can it be that an economy, which represents only less than a fourth of world GDP, could still have such a role, particularly when large and fast growing economic players, like China, are potently emerging in the global economy? This book explores the economic linkages between the US and the Euro area, providing an understanding on how and to what extent economic developments in the United States transmit to the Euro area. The issue is examined from different perspectives and using different methodologies. The chapters of the book bring together up-to-date research and stylized facts on the various channels of shock transmission, with a special emphasis on financial and trade linkages. This book is essential reading for all interested in International Economics and Business Cycle Analysis.
- ISBN10 0230282075
- ISBN13 9780230282070
- Publish Date 14 July 2010 (first published 1 January 2010)
- Publish Status Active
- Publish Country GB
- Imprint Palgrave Macmillan
- Format eBook
- Pages 240
- Language English