ANÁLISE DO CRESCIMENTO ECONÓMICO, AS CRISES FINANCEIRAS E AS REFORMAS NECESSÁRIAS PARA GARANTIR UM DESENVOLVIMENTO SUSTENTÁVEL NOS PAÍSES EM DESENVOLVIMENTO

ANALYSIS OF ECONOMIC GROWTH, FINANCIAL CRISES, AND THE REFORMS NECESSARY TO ENSURE SUSTAINABLE DEVELOPMENT IN DEVELOPING COUNTRIES

Alfazema Antonio Jose

MPRA Paper from University Library of Munich, Germany

Abstract: This article analyzes economic growth, financial crises, and the reforms needed to ensure sustainable development in developing countries. Initially, it observes that economic growth in these countries is frequently marked by rapid expansions followed by financial crises, attributed to factors such as insufficient infrastructure, external vulnerabilities, and inadequate economic policies. Next, it discusses the importance of structural reforms, including improved governance, economic diversification, the implementation of sound fiscal and monetary policies, and the strengthening of the financial system. Finally, it highlights that the adoption of sustainable practices and regional integration are fundamental to promoting balanced and resilient growth, guaranteeing the present and future of all nations. The study reinforces the need for integrated, long-term policies to transform challenges into opportunities for sustainable development.

Keywords: Economic Growth; Financial Crises; Reforms; Sustainable Development; Developing Countries. (search for similar items in EconPapers)
JEL-codes: G14 O10 (search for similar items in EconPapers)
Date: 2025-01-15, Revised 2025-01-15
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