Series: IMF Working Papers
Author(s): Chris Papageorgiou , Hans Weisfeld , Catherine Pattillo , Martin Schindler , Nicola Spatafora , and Andrew Berg
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2011
Keywords: Global financial crisis, Low-income countries, Short-run growth, terms of trade, regression analysis, output growth, exchange rate regime, Macroeconomic Aspects of International Trade and Finance: General, Economic Growth and Aggregate Productivity: General,
This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many individual LICs...