TY - BOOK ID - 84543155 TI - The Spillover Effects of the Global Crisison Economic Activity in Mena Emerging Market Countries : An Analysis Using the Financial Stress Index PY - 2010 SN - 1462328512 1452730881 1283558831 1451918577 9786613871282 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Economic development -- Middle East -- Econometric models. KW - Financial crises -- Middle East -- Econometric models. KW - Global financial crisis, 2008-2009. KW - Middle East -- Economic conditions -- 21st century -- Econometric models. KW - Global Economic Crisis, 2008-2009 KW - Subprime Mortgage Crisis, 2008-2009 KW - Financial crises KW - Econometrics KW - Finance: General KW - Financial Risk Management KW - Macroeconomics KW - 'Panel Data Models KW - Spatio-temporal Models' KW - Index Numbers and Aggregation KW - leading indicators KW - General Outlook and Conditions KW - General Financial Markets: Government Policy and Regulation KW - Estimation KW - Externalities KW - General Financial Markets: General (includes Measurement and Data) KW - Financial Crises KW - Finance KW - Econometrics & economic statistics KW - Economic & financial crises & disasters KW - Financial soundness indicators KW - Estimation techniques KW - Spillovers KW - Emerging and frontier financial markets KW - Financial sector policy and analysis KW - Econometric analysis KW - Financial markets KW - Financial services industry KW - Econometric models KW - International finance KW - Egypt, Arab Republic of KW - Economic development KW - Econometric models. KW - Middle East KW - Economic conditions KW - Leading indicators KW - Panel Data Models KW - Spatio-temporal Models UR - https://www.unicat.be/uniCat?func=search&query=sysid:84543155 AB - The estimated spillover of the global crisis to emerging market (EM) economies in the Middle East and North Africa (MENA) indicates that nearly two-thirds of the increased financial stress in MENA EM countries after the Lehman shock is attributable to direct or indirect spillovers of financial stress in advanced economies. Moreover, the estimated models suggest that the increased financial stress and slowdown in economic activity in advanced economies can explain about half of the drop in real GDP growth in MENA EM countries after the Lehman shock. ER -