Search

Shopping cart

Saved articles

You have not yet added any article to your bookmarks!

Browse articles
Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

Coping with the Crisis: Policy Options for Emerging Market Countries

Coping with the Crisis: Policy Options for Emerging Market Countries

The current financial turmoil is confronting emerging market economies (EMEs) with two shocks—a “sudden stop” of capital inflows resulting from the global deleveraging process and a collapse in export demand associated with the global recession. This paper discusses the main policy options for EMEs confronted by these shocks, recognizing that specific prescriptions must be tailored to individual country circumstances. The paper also outlines measures to ameliorate debt overhang and macroeconomic policies to bring about recovery.

Comments