Trade Tensions, Global Value Chains, and Spillovers: Insights for Europe

By Raju Huidrom, Nemanja Jovanovic, Carlos Mulas-Granados, Laura Papi, Faezeh Raei, Emil Stavrev, Philippe Wingender

June 12, 2019

Preview Citation

Format: Chicago

Raju Huidrom, Nemanja Jovanovic, Carlos Mulas-Granados, Laura Papi, Faezeh Raei, Emil Stavrev, and Philippe Wingender. Trade Tensions, Global Value Chains, and Spillovers: Insights for Europe, (USA: International Monetary Fund, 2019) accessed March 25, 2025

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Europe is deeply integrated into global value chains and recent trade tensions raise the question of how European economies would be affected by the introduction of tariffs or other trade barriers. This paper estimates the impact of trade shocks and growth spillovers using value added measures to better gauge the associated costs across European countries.

Subject: Exports, Financial sector policy and analysis, Global value chains, Globalization, International trade, Spillovers, Tariffs, Taxes, Trade balance

Keywords: Asia and Pacific, DP, DPPP, Europe, Export loss, Exports, Global, Global value chains, Gross export, Spillovers, Tariffs, Trade balance, Trade diversion, Trade exposure, Trade flow, Trade shock, Value chain participation, Value-added export

Publication Details

Pages:

77
Volume:

---
DOI:

---
Issue:

---
Series:

Departmental Paper No. 2019/009
Stock No:

TTGVCSIEEA
ISBN:

9781498315135
ISSN:

2616-5333

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

Departmental Papers