The Financial Crisis and its Impact on Developing Countries
English
DownloadThe Financial Crisis and its Impact on Developing Countries
November 3, 2015
In this paper, Stephany Griffith-Jones and José Antonio Ocampo identify three key channels of transmission of the financial crisis from developed to developing countries: capital flows, trade and remittances. The paper provides broad recommendations for policy responses at the national level, and proposes sweeping reforms at the global and regional level.