6 International Financial Institutions: Crisis Response and Support for the Private Sector
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Language:
English
Print Publication Date:
27 Apr 2009
Keywords:
MISC RPT; MISC; country; crisis; price; poverty impact; economy; financing; ADB trade finance facilitation program; private sector development; IBRD lending; financing gap; trade financing facilities; Multilateral development institutions; Infrastructure; Crisis management; Trade finance; Global; Africa

Abstract

The international financial institutions (IFIs) have a crucial role to play in supporting an effective response to the global crisis and the development emergency that now confronts many developing countries.1 As a result, the focus of the IFIs has shifted to counteracting and mitigating the global private credit crunch and recession. This contrasts with 2007, when the impact of the IFIs stemmed largely from their ability to leverage private capital, which reached record levels of about $1 trillion in net terms in that year.

Within Same Series

Other IMF Content

Other Publishers Content

  • Collapse
  • Expand
Cover Global Monitoring Report, 2009
Global Monitoring Report, 2009
A Development Emergency
ISBN:
9780821378595
ISSN:
0258-7440
Publication Date:
27 Apr 2009
Publisher:
The World Bank
DOI:
https://doi.org/10.5089/9780821378595.083
Pages:
244

  • Arbache, Jorge, and John Page. 2007. “More Growth or Fewer Collapses? A New Look at Long-run Growth in Sub-Saharan African Countries.” Policy Research Working Paper 4384, World Bank, Washington, DC.

    • Search Google Scholar
    • Export Citation

  • Baird, Sarah, Jed Friedman, and Norbert Schady. 2007. “Infant Mortality over the Business Cycle in the Developing World.” Policy Research Working Paper 4346, World Bank, Washington, DC.

    • Search Google Scholar
    • Export Citation

  • Bourguignon, François, Agnès Bénassy-Quéré, Stefan Dercon, Antonio Estache, Jan Willem Gunning, Ravi Kanbur, Stephan Klasen, Simon Maxwell, Jean-Philippe Platteau, and Amedeo Spadar. 2008. “Millennium Development Goals at Midpoint: Where Do We Stand and Where Do We Need to Go?” European Union, Brussels.

    • Search Google Scholar
    • Export Citation

  • Chen, Shaohua, and Martin Ravallion, 2008. “The Developing World Is Poorer than We Thought, but No Less Successful in the Fight against Poverty.” Policy Research Paper 4703, World Bank, Washington, DC.

    • Search Google Scholar
    • Export Citation

  • Fallon, Peter, and Robert Lucas. 2002. “The Impact of Financial Crises on Labor Markets, Household Incomes, and Poverty: A Review of Evidence.” World Bank Research Observer 17 (1): 21 –45.

    • Search Google Scholar
    • Export Citation

  • Ferreira, Francisco, and Norbert Schady. 2008. “Aggregate Economic Shocks, Child Schooling and Child Health.” Policy Research Working paper 4701, World Bank, Washington, DC.

    • Search Google Scholar
    • Export Citation

  • UNAIDS. 2008. Report on the Global AIDS Epidemic. Geneva: UNAIDS.

  • United Nations. 2008a. “Committing to Action: Achieving the Millennium Development Goals.” 2008. Background paper by the Secretary-General for the High-level event on the Millennium Development Goals, September 25, in New York, New York.

    • Search Google Scholar
    • Export Citation

  • United Nations. 2008b. Delivering on the Global Partnership for Achieving the Millennium Development Goals, MDG Gap Task Force Report 2008. New York: United Nations.

    • Search Google Scholar
    • Export Citation

  • United Nations. 2008c. The Millennium Development Goals Report 2008. New York: United Nations.

  • United Nations, MDG Africa Steering Group. 2008. Achieving the Millennium Development Goals in Africa: Recommendations of the MDG Africa Steering Group. New York: United Nations.

    • Search Google Scholar
    • Export Citation

  • World Bank. 2008. World Development Indicators, Poverty Data: A Supplement to World Development Indicators 2008. Washington, DC: World Bank.

    • Search Google Scholar
    • Export Citation

  • World Bank Development Economics Vice Presidency. 2009. “The Expected Impact of the Global Financial Crisis on the World’s Poorest.” Note, World Bank, Washington, DC (February).

    • Search Google Scholar
    • Export Citation

  • World Bank Development Economics Vice Presidency and the Human Development Network. 2009. “The Impact of the Financial Crisis on Progress towards the Millennium Development Goals in Human Development.” Note, World Bank, Washington, DC (February).

    • Search Google Scholar
    • Export Citation

  • World Bank Poverty Reduction and Economic Management Network. 2009. “The Global Economic Crisis: Assessing Vulnerability with a Poverty Lens.” Note, World Bank, Washington, DC (February).

    • Search Google Scholar
    • Export Citation