Decoupling from the East Toward the West? Analyses of Spillovers to the Baltic Countries

Decoupling from the East Toward the West? Analyses of Spillovers to the Baltic Countries
This paper uses VAR models to examine the magnitude and sources of growth spillovers to the Baltics from key trading partners, as well asfrom the real effective exchange rate (REER). Our results show there are significant cross-country spillovers to the Baltics with those from the EU outweighing spillovers from Russia. Shocks to the REER... READ MORE...

Publication date: June 2009
ISBN 9781451872729
$18.00

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