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International Crises And Developing Economies: Linkages And Recent Experiences

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  • Edmund Amann
  • David Lawson

Abstract

Abstract This article provides the theoretical and empirical context to the papers contained in this special issue. We provide background on the recent developed country financial crisis and perspective via a review of prior shocks and crises. The paper then considers the transmission mechanisms through which economic crises can affect economies and individuals in the developing world. The linkages centre on trade, capital flows and remittances. This section also critically surveys the literature concerning the macroeconomic and microeconomic impact of such crises on developing countries. Finally, we review the papers that comprise the special issue, before providing some policy conclusions. Copyright © 2013 John Wiley & Sons, Ltd.

Suggested Citation

  • Edmund Amann & David Lawson, 2013. "International Crises And Developing Economies: Linkages And Recent Experiences," Journal of International Development, John Wiley & Sons, Ltd., vol. 25(8), pages 1035-1049, November.
    • Handle: RePEc:wly:jintdv:v:25:y:2013:i:8:p:1035-1049
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    1. Paul Mosley, 2013. "Two Africas? Why Africa’s ‘Growth Miracle’ is barely reducing poverty," Global Development Institute Working Paper Series 19113, GDI, The University of Manchester.

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