Książka decade after global recession M. Ayhan Kose

decade after global recession

lessons and challenges for emerging and developing economies

Język: Angielski
Oprawa: Miękka
Dostępność: Dostępna u dostawcy w małych ilościach
Wysyłamy za 11-15 dni
245.08
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ag...

Informacje o książce

Język
Angielski
Oprawa
Książka - Miękka
Data wydania
2020
strony
426
EAN
9781464815270
ISBN
1464815275
Enbook ID
25621143
Waga
900
Wymiary
152 x 229

Pełny opis

Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to shocks has eroded; underlying growth potential has slowed; and the momentum for improving policy frameworks, institutions, and business climates seems to have slackened.The experience of the 2008 global recession highlights once again the critical role of policy in shielding economic activity during adverse shocks, and the subsequent decade of anemic growth underlines the need for sound policy frameworks, institutions, and business environments to promote sustained growth. With the global growth outlook weakening and vulnerabilities rising, the policy priority for EMDEs now is to improve their resilience to shocks and lift long-term growth prospects.

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