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How Does the Financial Crisis Affect Developing Countries?


  • Diana Alarcón

    () (United Nations Department of Economic and Social Affairs)

  • Stephany Griffith-Jones

    () (Columbia University)

  • José Antonio Ocampo

    () (Columbia University)


The global economy is in crisis as a result of inadequate regulation and supervision of banks and financial markets. The prudential regulation and supervision recommended to developing countries was largely ignored in the developed nations. No country, however, is spared from the consequences of the downturn. The impact on developing countries is even greater. (...)

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  • Diana Alarcón & Stephany Griffith-Jones & José Antonio Ocampo, 2009. "How Does the Financial Crisis Affect Developing Countries?," One Pager 81, International Policy Centre for Inclusive Growth.
  • Handle: RePEc:ipc:opager:81

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    Cited by:

    1. Ahmed Khalid, 2012. "Cost Consequences to the Economy and Finance," Chapters,in: Regulatory Failure and the Global Financial Crisis, chapter 7 Edward Elgar Publishing.

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