Voices from the South: The Impact of the Financial Crisis on Developing Countries

Neil McCulloch ()

Working Papers from eSocialSciences

Abstract: This report presents snapshots of the financial crisis as seen by 21 thinkers, academics and policymakers in 14 developing countries. IDS invited them to present their views on the likely impacts and possible responses to the crisis. Most importantly, results show that developing countries cannot be treated as a homogenous block – concerns vary significantly across countries, depending on their current economic situation, exposure to specific impacts and capacity to respond. Isolation from world financial markets will not protect the countries as the indirect impacts are likely to be severe.

Keywords: financial crisis; developing countries; homogenous block; economic situation; countries; Isolation; world financial markets (search for similar items in EconPapers)
Date: 2016-02
Note: Institutional Papers
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:9041

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