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

Author/Editor:

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

Publication Date:

June 12, 2019

Electronic Access:

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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.

Series:

Departmental Paper No. 2019/009

Subject:

English

Publication Date:

June 12, 2019

ISBN/ISSN:

9781498315135/2616-5333

Stock No:

TTGVCSIEEA

Pages:

77

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