Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries

Date: October 10, 2012
Electronic Access: Full Text

Summary:The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012. Softening commodity prices have led to moderating inflation pressures in most LICs. However, progress in rebuilding policy buffers has halted over the past two years, despite continued strong growth in LICs.

Series : Policy Paper
Subject(s): External shocks | Low-income developing countries | Fiscal risk | Commodity price fluctuations | Inward remittances | Capital inflows | Foreign direct investment | Fiscal policy | Monetary policy | Economic indicators | Cross country analysis