Emerging and Developing Economies: Ten Years after the Global Recession
作者: M. Ayhan KoseFranziska Ohnsorge
英文丛书称: Policy Research Working Papers
出版社: The World Bank,   2020
来源数据库: World Bank Group
DOI: 10.1596/1813-9450-9148
关键词: ECONOMIC INTEGRATIONINTERNATIONAL BUSINESS CYCLEFINANCIAL CRISISMACROECONOMIC POLICYMACROECONOMIC MANAGEMENTGLOBAL RECESSION
原始语种摘要: 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 2009 global recession highlights once again the critical role of policy room in shielding economic activity during adverse shocks. 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...
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关键词翻译
关键词翻译
  • recession 后退
  • fiscal 财政的
  • monetary 金融
  • global 球状的
  • momentum 动量
  • economy 经济
  • policy 政策
  • economic 经济的
  • growth 生长
  • market 市场