Publication
Jan 2010
Many analysts believe that developed countries will recover very slowly from the global economic crisis. Consequently, they have looked to the emerging economies of the developing world to help stabilize the world economy and generate a stronger recovery. Indeed, when the financial crisis first engulfed the rich countries in 2008 and early 2009, growth in developing economies was not affected as their banks and financial systems faced neither credit problems nor a more serious meltdown.
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English (PDF, 8 pages, 510 KB) |
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Author | Manmohan Agarwal |
Series | CIGI Policy Briefs |
Issue | 18 |
Publisher | Centre for International Governance Innovation (CIGI) |
Copyright | © 2010 Centre for International Governance Innovation (CIGI) |