Coping with the Global Financial Crisis : Challenges Facing Low-Income Countries

Author/Editor:

Stefania Fabrizio

Publication Date:

March 16, 2010

Electronic Access:

Download PDF. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This forthcoming title in the Departmental Paper Series describes the special challenges facing low-income countries as economic growth contracts by an estimated 1.1 percent globally. Coping with the Crisis: Challenges Facing Low-Income Countries provides an assessment of the implications of the financial crisis for low-income countries, evaluates the short-term macroeconomic outlook for these countries, and discusses the policy challenges they face. Chapters cover the outlook for global economic growth and commodity prices, an overview of how low-income countries have been affected, fiscal policy, monetary and exchange rate policy responses, potential external financing needs and how the international community, including the IMF, can help countries meet them. The challenges ahead for low-income countries are delineated, including debt vulnerabilities and the need for countries to develop well-regulated local capital markets and banking systems, as well as enhanced public sector efficiency.

Series:

Departmental Paper No. 10/02

Subject:

English

Publication Date:

March 16, 2010

ISBN/ISSN:

9781589069299/

Stock No:

CETCEA

Price:

$25.00 (Academic Rate:$22.00)

Format:

Paper

Pages:

52

Please address any questions about this title to publications@imf.org