The Great Recession And Developing Countries


The Great Recession And Developing Countries
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The Great Recession And Developing Countries


The Great Recession And Developing Countries
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Author : Mustapha K. Nabli
language : en
Publisher: World Bank Publications
Release Date : 2010-12-03

The Great Recession And Developing Countries written by Mustapha K. Nabli and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-03 with Business & Economics categories.


The book provides one of the most detailed and comprehensive reviews of the growth experience of a group of low and middle income countries before and during the global crisis. It then explores their growth prospects after the recovery and how they may be shaped by the new global economic environment.



Ascent After Decline


Ascent After Decline
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Author : Otaviano Canuto
language : en
Publisher: World Bank Publications
Release Date : 2012-01-09

Ascent After Decline written by Otaviano Canuto and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-09 with Business & Economics categories.


The Great Recession of 2009-2011 has left us short of instruments, bereft of confidence, and generally unprepared for a low-growth world. In this book, more than a dozen noted scholars discuss the prospects for future regrowth within analyses of key policy problems, major markets, and promising avenues for stimulating long-term economic growth.



Working Through The Crisis


Working Through The Crisis
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Author : Arup Banerji
language : en
Publisher: World Bank Publications
Release Date : 2013-12-18

Working Through The Crisis written by Arup Banerji and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-12-18 with Business & Economics categories.


The end of the MFA was followed by rising apparel exports, falling prices, and a reallocation of production and employment between countries. There were also significant changes within countries. The first main finding of this report is that export and employment patterns after the MFA/ATC did not necessarily match predictions. While many predicted that production would shift to low-wage countries, this book shows that only 13 percent of variation in export changes post-MFA can be explained by the differences in wage levels. Second, changes in exports are usually, but not always, good indicators of what happens to wages and employment within countries. This is especially important for policy because it shows that simply using exports as a metric of 'success' in terms of helping the poor is not sufficient. Third, the Book identifies the specific ways that changes in the global apparel market affected earnings. The Book shows that wage premiums change in predictable ways: rising (in most cases) in countries that were proactive in adapting to the MFA phase-out and expanded their market shares, and falling in countries that failed to respond in a timely fashion to the changing environment. The Book shows that promoting 'upgrading' (defined as shifting to higher-value goods, shifting up the value chain, or 'modernizing' production techniques) seems to be necessary for sustainable competitiveness in the apparel sector but does not necessarily help the poor. Policies that support upgrading need to be complemented with targeted workforce development to make sure that the most vulnerable workers are not left behind. Having a vision for the evolution of the apparel sector that incorporates developing worker skills seems crucial. Otherwise, less-skilled workers could miss out on opportunities to gain valuable work experience in manufacturing.



The Global South After The Crisis


The Global South After The Crisis
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Author : Hasan Cömert
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-07-27

The Global South After The Crisis written by Hasan Cömert and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.


This volume is split into two accessible sections. The first part concentrates on the impact of the crisis on growth, inequality, policy responses and policy shifts in key areas such as central banking. The second part comprises individual country case studies and includes an exploration of the vulnerabilities related to the integration of developing economies into the world economy. The effect of the crisis on trade, and the ways in which some developing countries have entered into a prolonged period of stagnant growth following the global crisis are all considered.



Against The Consensus


Against The Consensus
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Author : Justin Yifu Lin
language : en
Publisher: Cambridge University Press
Release Date : 2013-07-04

Against The Consensus written by Justin Yifu Lin and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-04 with Business & Economics categories.


Unique analysis of the global financial crisis by Justin Yifu Lin, Chief Economist of the World Bank (2008-12).



From The Great Recession To Labour Market Recovery


From The Great Recession To Labour Market Recovery
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Author : I. Islam
language : en
Publisher: Springer
Release Date : 2010-12-14

From The Great Recession To Labour Market Recovery written by I. Islam and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-14 with Business & Economics categories.


This book sheds light on the impact of the Great Recession from the perspective of both developing and developed countries. It traces the complex and multiple causes of the Great Recession, delineates the diversity in the macroeconomic and labour market consequences, and highlights the effectiveness of policy responses undertaken so far.



The Global Financial Crisis Explaining Cross Country Differences In The Output Impact


The Global Financial Crisis Explaining Cross Country Differences In The Output Impact
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Author : Pelin Berkmen
language : en
Publisher: International Monetary Fund
Release Date : 2009-12-01

The Global Financial Crisis Explaining Cross Country Differences In The Output Impact written by Pelin Berkmen and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-01 with Business & Economics categories.


We provide one of the first attempts at explaining the differences in the crisis impact across developing countries and emerging markets. Using cross-country regressions to explain the factors driving growth forecast revisions after the eruption of the global crisis, we find that a small set of variables explain a large share of the variation in growth revisions. Countries with more leveraged domestic financial systems and more rapid credit growth tended to suffer larger downward revisions to their growth outlooks. For emerging markets, this financial channel trumps the trade channel. For a broader set of developing countries, however, the trade channel seems to have mattered, with countries exporting more advanced manufacturing goods more affected than those exporting food. Exchange-rate flexibility clearly helped in buffering the impact of the shock. There is also some -weaker-evidence that countries with a stronger fiscal position prior to the crisis were hit less severely. We find little evidence for the importance of other policy variables.



A Decade After The Global Recession


A Decade After The Global Recession
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Author : M. Ayhan Kose
language : en
Publisher: World Bank Publications
Release Date : 2021-03-19

A Decade After The Global Recession written by M. Ayhan Kose and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-19 with Business & Economics categories.


This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.



Emerging Economies During And After The Great Recession


Emerging Economies During And After The Great Recession
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Author : Philip Arestis
language : en
Publisher: Springer
Release Date : 2016-04-08

Emerging Economies During And After The Great Recession written by Philip Arestis and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-08 with Business & Economics categories.


The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This twelfth volume presents a collection of eight papers, analysing the emergence and economic problems of the emerging economies during and after the international financial crisis of 2007–8 and the subsequent Great Recession. The contributions range from an analysis of the international financial crisis of 2007–8 in general terms to an analysis of the same but concentrating on the emerging economies, before turning to groups of economies, Arab, African and Eastern European countries, and two relevant but individual countries, namely China and Turkey. This book offers students, scholars, researchers and policy-makers detailed analysis and informed commentary on the origins of the international financial crisis of 2007–8 and the great recession by focusing on its effect on emerging countries.



Working Through The Crisis


Working Through The Crisis
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Author :
language : en
Publisher:
Release Date : 2013

Working Through The Crisis written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.