Publication:
The Global Role of the U.S. Economy: Linkages, Policies and Spillovers

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dc.contributor.authorLakatos, Csilla
dc.contributor.authorKose, M. Ayhan
dc.contributor.authorStocker, Marc
dc.contributor.authorOhnsorge, Franziska
dc.date.accessioned2017-02-08T22:34:21Z
dc.date.available2017-02-08T22:34:21Z
dc.date.issued2017-02
dc.description.abstractThis paper analyzes the role of the United States in the global economy and examines the extent of global spillovers from changes in U.S. growth, monetary and fiscal policies, and uncertainty in its financial markets and economic policies. Developments in the U.S. economy, the world's largest, have effects far beyond its shores. A surge in U.S. growth could provide a significant boost to the global economy. Tightening U.S. financial conditions -- whether due to contractionary U.S. monetary policy or other reasons -- could reverberate across global financial markets, with adverse effects on some emerging market and developing economies that rely heavily on external financing. In addition, lingering uncertainty about the course of U.S. economic policy could have an appreciably negative effect on global growth prospects. While the United States plays a critical role in the world economy, activity in the rest of the world is also important for the United States.en
dc.identifierhttp://documents.worldbank.org/curated/en/649771486479478785/The-global-role-of-the-U-S-economy-linkages-policies-and-spillovers
dc.identifier.doi10.1596/1813-9450-7962
dc.identifier.urihttps://hdl.handle.net/10986/26021
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7962
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectBUSINESS CYCLES
dc.subjectGLOBAL ECONOMY
dc.subjectglobalization
dc.subjectspillovers
dc.subjectfiscal policy
dc.subjectmonetary policy
dc.subjecteconomic growth
dc.titleThe Global Role of the U.S. Economyen
dc.title.subtitleLinkages, Policies and Spilloversen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleThe Global Role of the U.S. Economy: Linkages, Policies and Spillovers
okr.date.disclosure2017-02-07
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/649771486479478785/The-global-role-of-the-U-S-economy-linkages-policies-and-spillovers
okr.guid649771486479478785
okr.identifier.doi10.1596/1813-9450-7962
okr.identifier.externaldocumentum090224b084e5fcb5_2_0
okr.identifier.internaldocumentum27168458
okr.identifier.reportWPS7962
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/649771486479478785/pdf/WPS7962.pdfen
okr.statistics.combined44625
okr.statistics.dr649771486479478785
okr.statistics.drstats42092
okr.topicInternational Economics and Trade::Globalization and Financial Integration
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicMacroeconomics and Economic Growth::Fiscal & Monetary Policy
okr.unitDevelopment Prospects Group, Development Economics
relation.isAuthorOfPublicationac9fefe8-9d4d-555d-bb68-f056fd7a3790
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