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The Financial Crisis of 2008 and the Developing Countries

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Author Info

  • 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 Papers 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. 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.
  2. Shaohua Chen & Martin Ravallion, 2010. "The Developing World Is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty," The Quarterly Journal of Economics, MIT Press, vol. 125(4), pages 1577-1625, November.
  3. Frank Heinemann, 2008. "Escaping from a Combination of Liquidity Trap and Credit Crunch," CESifo Working Paper Series 2450, CESifo Group Munich.
  4. Fabian Valencia & Luc Laeven, 2008. "Systemic Banking Crises: A New Database," IMF Working Papers 08/224, International Monetary Fund.
  5. Reinhart, Carmen & Felton, Andrew, 2008. "The First Global Financial Crisis of the 21st Century," MPRA Paper 11862, University Library of Munich, Germany.
  6. 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.
  7. Lars Jonung, 2008. "Lessons from Financial Liberalisation in Scandinavia," Comparative Economic Studies, Palgrave Macmillan, vol. 50(4), pages 564-598, December.
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Citations

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Cited by:
  1. 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.
  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. Ziesemer, Thomas, 2010. "The Impact of the Credit Crisis on Poor Developing Countries and the Role of China in Pulling and Crowding Us Out," UNU-MERIT Working Paper Series 004, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
  4. Ziesemer, Thomas, 2009. "The Impact of the Credit Crisis on Poor Developing Countries: Growth, worker remittances, accumulation and migration," UNU-MERIT Working Paper Series 026, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
  5. 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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