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World Crisis and Protecting Low-Income Countries Against Exogenous Shocks

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  • Patrick GUILLAUMONT

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    (Ferdi)

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    Abstract

    Developing countries, specifically low-income countries, and above all least developed countries, are facing recurrent shocks. While the resources available to the international community to help them cope with such shocks have long been debated, the world economic crisis sheds new light on the problem. There is a risk that the shocks may take on unprecedented proportions, which will bring to light the gaps in the international protection system. This situation gives us an opportunity to consider reforms to this system.

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    File URL: http://www.ferdi.fr/sites/www.ferdi.fr/files/publication/fichiers/wp6-original_oif_et_commonwealth.pdf
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    Bibliographic Info

    Paper provided by FERDI in its series Working Papers with number P06.

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    Date of creation: Apr 2009
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    Handle: RePEc:fdi:wpaper:1230

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    1. Patrick Guillaumont & Catherine Korachais, 2011. "When unstable, growth is less pro poor," Working Papers halshs-00556672, HAL.
    2. Patrick GUILLAUMONT & Lisa CHAUVET, 1999. "Aid and Performance: A Reassessment," Working Papers 199910, CERDI.
    3. Guillaumont, Patrick & Korachais, Catherine & Subervie, Julie, 2008. "How Macroeconomic Instability Lowers Child Survival," Working Paper Series RP2008/51, World Institute for Development Economic Research (UNU-WIDER).
    4. Guillaumont, Patrick & Laajaj, Rachid, 2006. "When instability increases the effectiveness of aid projects," Policy Research Working Paper Series 4034, The World Bank.
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