The End of An Era? the Medium- and Long-Term Effects of the Global Crisison Growth in Low-Income Countries »
Series: IMF Working Papers
Author(s): Chris Papageorgiou , Andrew Berg , Catherine Pattillo , and Nicola Spatafora
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2010
Keywords: Global financial crisis, low-income countries, medium- and long-term growth, impulse response functions, growth spells, panel growth regressions, terms of trade, pre-crisis, post-crisis growth, exchange rate regime
This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis,...