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Emerging from the Global Crisis
			: Macroeconomic Challenges Facing Low-Income Countries

Emerging from the Global Crisis : Macroeconomic Challenges Facing Low-Income Countries »

Volume: 11

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2011

DOI: http://dx.doi.org/10.5089/9781616350734.087

ISBN: 9781616350734

Keywords: Economic growth, Low-income developing countries, Global Financial Crisis 2008-2009, public debt, current account, fiscal policy, exchange rate, current account deficits

Although the impact of the global crisis has been severe, real per capita GDP growth stayed positive in two-thirds of low-income countries (LICs), unlike in previous global downturns, and in contrast to richer coun...