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5 produkter
5 produkter
Inflation in Emerging and Developing Economies
Evolution, Drivers, and Policies
Häftad, Engelska, 2019
594 kr
Skickas inom 10-15 vardagar
Emerging market and developing economies, like advanced economies, have experienced a remarkable decline in inflation over the past half-century. Yet, research into this development has focused almost exclusively on advanced economies. This book fills that gap, providing the first comprehensive and systematic analysis of inflation in emerging market and developing economies. It examines how inflation has evolved and become synchronized among economies; what drives inflation globally and domestically; where inflation expectations have become better-anchored; and how exchange rate fluctuations can pass through to inflation. To reach its conclusions, the book employs cutting edge empirical approaches. It also offers a rich data set of multiple measures of inflation for a virtually global sample of countries over a half-century to spur further research into this important topic.
Decade After the Global Recession
Lessons and Challenges for Emerging and Developing Economies
Häftad, Engelska, 2021
557 kr
Skickas inom 10-15 vardagar
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.
557 kr
Skickas inom 10-15 vardagar
The global economy has experienced four waves of rapid debt accumulation over the past fifty years. The first three debt waves ended with financial crises in many emerging and developing economies.
557 kr
Skickas inom 10-15 vardagar
This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development.
557 kr
Skickas inom 10-15 vardagar
Growth in emerging market and developing economies has slowed sharply over the past decade. Even if there are no new adverse shocks, the growth slowdown is expected to persist in the remainder of this decade. The long shadow of climate change and broader development challenges further complicate growth prospects.