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