1 “...This paper examines the evolving importance of common global components underlying domestic...”

2 “... global financial conditions. This paper studies the relationship of leverage growth in emerging market...”

3 “... by the global financial crisis, with a year-over-year contraction of 15 percent during the first quarter of 2009...”

4 “...The main objective of this paper is to quantify the relationship between the global economic...”

5 “...Malaysia was hit hard by the global financial crisis of 2008-09. Anticipating the downturn...”

6 “... in an EMC. In particular, using the IMF's Global Fiscal Model (GFM), we find that early consolidation...”

7 “...Korea was one of the Asian economies hardest hit by the global financial crisis. Anticipating...”

8 “.... In line with Asia's growing role in the global economy-including through deeper financial integration...”

9 “... interest rates (a proxy for global liquidity) are virtually flat during these periods. Therefore, although...”

10 “... into the construction of fan charts. Using the International Monetary Fund (IMF)'s global growth forecast as a working...”

11 “... frictions into the IMF's Global Economy Model (GEM) and finds that Thailand would best minimize the adverse...”

12 “...Thailand had to endure three major shocks during 2008-2011: the global financial crisis...”

13 “...This paper uses a variant of the IMF's Global Economy Model (GEM) to estimate the macroeconomic...”

14 “...4 implies a greater exposure of the GCESC to global shocks. However, owing to its strong...”