A Decade After the Global Recession (Paperback)

Language: English

Published by World Bank Publications, Washington, 2021

1464815275 / 9781464815270

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Paperback. 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. With the global growth outlook weakening and vulnerabilities rising, the policy priority for EMDEs is now to improve their economies' resilience to shocks and lift long-term growth prospects. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.…

Seller Inventory # 9781464815270

Title
A Decade After the Global Recession (Paperback)
Author
M. Ayhan Kose
Publisher
World Bank Publications, Washington
Publication year
2021
Condition
new
Binding
Paperback
Language
English
ISBN 10
1464815275
ISBN 13
9781464815270

Grand Eagle Retail

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