Policy Responses to the Global Economic Crisis in Africa pot

... Policy Responses to the Global Economic Crisis in Africa 1 www.wider.unu.edu Policy Responses to the Global Economic Crisis in Africa T     ... measures, to be under- taken by both the international com- munity and African countries, include: ■ Monitoring the impact of the crisis; ■ Restoring confidence in, and con- tinuin...

Ngày tải lên: 08/03/2014, 09:20

... term. In addition to introducing new inefficiencies, cuts across the board are unlikely to address existing inefficiencies, potentially exacerbating the fiscal constraint. • The response to the crisis ... employed a mix of policy tools in response to the financial crisis. Some of the policy responses were positive, suggesting that some countries have used the...

Ngày tải lên: 06/03/2014, 19:20

... a key factor in the origins of the financial crisis in the US, the UK and several other countries. In the UK high initial LTV 51 and LTI ratios played an important role: • Trends in initial LTVs ... risk, systematically understate risk in the upswing and overstate it in the downswing, in a fashion well familiar in the insurance markets. Premia to insure aga...

Ngày tải lên: 16/02/2014, 11:20

... stability in developing Asia by further shaking investor confidence in financial systems and instruments. Trade: Main Pathway to Crisis in the Region The global crisis struck developing Asia most ... into the future. The crisis led to a significant reduction in investments in infrastructure, especially for operations and maintenance. Even 10 years after the...

Ngày tải lên: 21/02/2014, 00:20

... financing that is also at risk of being affected. The report outlines the various IMF initiatives to assist in the crisis. They include increased financial support to African countries; increased ... Overview of key findings Much of the developing world is now beginning to suffer the impacts of the global economic crisis. In the Asia-Pacific region the co...

Ngày tải lên: 21/02/2014, 01:20

... as the rest of the world is ready to begin importing once again. At the time of writing, it appears that the excessive deficit-cutting in Europe is putting the economic revival sparked by the ... expanding the public sector to become the principal engine of growth until such time as the private sector is able to resume this role. Instead, these states are p...

Ngày tải lên: 22/03/2014, 13:20

... an interuniversity graduate program in economics, operates in five institutions in West Africa. Set up to rectify weak graduate-level economics training in Francophone Sub-Saharan Africa, the ... examined for their potential influence on the ceiling level of TFP. These variables were: openness to trade, being in the tropics, being landlocked, ethno-linguistic fractio...

Ngày tải lên: 23/03/2014, 20:20

... economic growth. The extent of the decline will de- THE ECONOMIC COMMISSION FOR AFRICA Africa might have expected to be less affected by the crisis, being less integrated into the global economy and having ... countries took up to 10 years to recover the ground they had lost in the struggle against poverty (ILO, 2008a). In 2008, the employment impact was fel...

Ngày tải lên: 17/02/2014, 21:20

... challenges and links the eects of a potential new crisis to the next steps in Asia’s continuing The global crisis showed that while day -to- day “fire fighting” is needed in the short-term, policy makers ... growth in the years to come, the region also has tremendous potential to diversify its exports to other regions, including to Africa. Africa ri...

Ngày tải lên: 19/02/2014, 00:20

... during the years leading up to the crisis. Low interest rates, widely available capital, and international investors seeking to put their money in real CONCLUSIONS OF THE FINANCIAL CRISIS INQUIRY ... Director of Investigations Greg Feldberg, Director of Research PREFACE The Financial Crisis Inquiry Commission was created to “examine the causes of the current nancial...

Ngày tải lên: 06/03/2014, 09:22