Spillovers from Dollar Appreciation

Author/Editor:

Julian T Chow ; Florence Jaumotte ; Seok G Park ; Yuanyan S Zhang

Publication Date:

July 23, 2015

Disclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The recent strong, sustained appreciation of the U.S. dollar raises questions about possible financial spillover effects for emerging markets and developing countries. This report finds that, unlike past episodes, emerging markets’ vulnerability has improved along a number of dimensions, though some risks persist (as identified in this report).

Series:

Policy Discussion Paper No. 15/02

Subject:

Notes:

See also 2015 Spillover Report and Spillover Implications of Differences in Monetary Conditions in the United States and the Euro Area

English

Publication Date:

July 23, 2015

ISBN/ISSN:

9781513519951/1934-7456

Stock No:

PPIEA2015001

Format:

Paper

Pages:

33

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