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Contents: Chapter 1. Changes in the World Economic Order: A Roadmap Chapter 2. Rising Global Linkages and International Business Cycles: A Survey Chapter 3. Constructing the Database Chapter 4. Shifting Dynamics of Global GDP and Growth Chapter 5. Global Trade Linkages Chatper 6. Global Financial Linkages Chapter 7. Business Cycle Volatility Chapter 8. Business Cycle Comovement Chapter 9. Exploring the Sources of Business Cycle Comovement Chapter 10. Macroeconomics of Recessions and Financial Crises Chapter 11. Emerging Markets during the Global Financial Crisis Chapter 12. The Good and the Ugly: Emerging Asia and Emerging Europe Chapter 13. What Explains the Resilience of Emerging Markets? Chapter 14. Conclusions and Policy Implications Appendix: List of Countries and Country Groups
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