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Building Resilience to External Shocks in G20 Economies

Policy Brief 2023 Pami Dua, Divya Tuteja

This Policy Brief was first published in https://t20ind.org

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The transmission of external shocks via trade and ﬁnancial channels from advanced economies to emerging and developing economies has occurred during several turbulent episodes. This policy brief documents factors that may help build resilience to such shocks. It emphasises that G20 nations must resort to policy coordination, renew the emphasis on trade ties, strengthen the ﬁnancial architecture, and enhance global supply chains to cope with the impact of external shocks.

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