The global financial crisis and developing countries
The Overseas Development Institute has coordinated a 10-country study on the effects of the global financial crisis and country level policy responses in Bangladesh, Benin, Bolivia, Cambodia, Ghana, Indonesia, Kenya, Nigeria, Uganda and Zambia. These countries exhibit different levels of openness, aid and remittance dependency, financial integration, economic and trade structures, and institutions and so it is likely that they will be affected differently. Conducted by 40 developed and developing country researchers, this research has examined the main transmission belts (trade, private capital flows, remittances, aid) through which the crisis affects developing countries. The slowdown in growth comes after a period of strong growth for developing countries and puts development success stories in danger.
Related Content
- Financing for sustainable development report 2024
- Net zero roadmap: a global pathway to keep the 1.5 °C goal in reach- 2023 update
- The economics of water scarcity in the Middle East and North Africa: institutional solutions
- Trade and development report update: global trends and prospects
- Prospects for children in the polycrisis: a 2023 global outlook
- Africa's Pulse, October 2022: food system opportunities in a turbulent time