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The Financial Crisis of 2008 and the Developing Countries

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  • Naude, Wim

Abstract

Following the financial crisis that broke in the US and other Western economies in late 2008, there is now serious concern about its impact on the$

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File URL: http://www.wider.unu.edu/stc/repec/pdfs/rp2009/dp2009-01.pdf
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Bibliographic Info

Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Paper Series with number UNU-WIDER Research Paper DP2009/01.

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Length: 20 pages
Date of creation: 2009
Date of revision:
Handle: RePEc:unu:wpaper:dp2009-01

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Keywords: financial crisis; developing countries; development finance; financial development;

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References

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  1. Chen, Shaohua & Ravallion, Martin, 2008. "The developing world is poorer than we thought, but no less successful in the fight against poverty," Policy Research Working Paper Series 4703, The World Bank.
  2. Lars Jonung, 2008. "Lessons from Financial Liberalisation in Scandinavia," Comparative Economic Studies, Palgrave Macmillan, vol. 50(4), pages 564-598, December.
  3. Reinhart, Carmen & Felton, Andrew, 2008. "The First Global Financial Crisis of the 21st Century," MPRA Paper 11862, University Library of Munich, Germany.
  4. Fabian Valencia & Luc Laeven, 2008. "Systemic Banking Crises," IMF Working Papers 08/224, International Monetary Fund.
  5. David Dollar & Shang-Jin Wei, 2007. "Das (Wasted) Kapital: Firm Ownership and Investment Efficiency in China," NBER Working Papers 13103, National Bureau of Economic Research, Inc.
  6. Frank Heinemann, 2008. "Escaping from a Combination of Liquidity Trap and Credit Crunch," CESifo Working Paper Series 2450, CESifo Group Munich.
  7. David Dollar & Shang-Jin Wei, 2007. "Das (Wasted) Kapital," IMF Working Papers 07/9, International Monetary Fund.
  8. John B. Taylor, 2009. "The Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong," NBER Working Papers 14631, National Bureau of Economic Research, Inc.
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Citations

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Cited by:
  1. Ziesemer, Thomas H.W., 2010. "The impact of the credit crisis on poor developing countries: Growth, worker remittances, accumulation and migration," Economic Modelling, Elsevier, vol. 27(5), pages 1230-1245, September.
  2. John Weeks, 2009. "The Impact of the Global Financial Crisis on The Economy of Sierra Leone," Country Study 18, International Policy Centre for Inclusive Growth.
  3. Filiz AGAOGLU, 2013. "Impact Of The International Financial Crisis On The Garantibank In Turkey And Romania," Network Intelligence Studies, Fundația Română pentru Inteligența Afacerii, Editorial Department, Fundația Română pentru Inteligența Afacerii, Editorial Department, issue 2, pages 13-27, October.
  4. Tennant, David, 2011. "Factors impacting on whether and how businesses respond to early warning signs of financial and economic turmoil: Jamaican firms in the global crisis," Journal of Economics and Business, Elsevier, vol. 63(5), pages 472-491, September.
  5. Cristina Tănăsescu, 2009. "The Global Financial Crisis: Some Special Features, Possible Responses," Romanian Economic Business Review, Romanian-American University, vol. 4(3), pages 97-102, September.
  6. Arjan de Haan, 2010. "A defining moment? China's social policy response to the financial crisis," Journal of International Development, John Wiley & Sons, Ltd., vol. 22(6), pages 758-771.

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