Bericht

Financing for development series: The financial crisis and developing countries

Developing countries will be severely affected by the financial crisis. Emerging economies are already suffering from capital outflows and a sudden credit stop. In many low-income countries the financial crisis is exacerbating the ongoing food price crisis, which has already had disastrous effects on the poor. Given the limited fiscal space for compensatory measures in developing countries, industrialised countries are being asked to mobilise a fraction of their financial rescue packages to compensate for the collateral damage to developing countries caused by the crisis. The development finance institutions, backed by the assets of industrialised countries, should play a strong countercyclical role by providing credit in areas from which commercial players have retreated, thus helping to finance social safety nets as well as long-term investments in agriculture, infrastructure, and sustainable energy.

Sprache
Englisch

Erschienen in
Series: Briefing Paper ; No. 8/2008

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Wolff, Peter
Ereignis
Veröffentlichung
(wer)
Deutsches Institut für Entwicklungspolitik (DIE)
(wo)
Bonn
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Wolff, Peter
  • Deutsches Institut für Entwicklungspolitik (DIE)

Entstanden

  • 2008

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