TITLE

THE DEVELOPING CRISIS

AUTHOR(S)
Abeysinghe, Subhashini; Aryeetey, Ernest; Ackah, Charles Godfred; Canuto, Otaviano
PUB. DATE
March 2009
SOURCE
International Trade Forum;2009, Issue 1, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The author analyzes the impact on developing countries of crashing first world economies. Robert Zoellick, president of the World Bank is quoted as saying that developing countries must prepare for a drop in trade, capital flows, remittances, domestic investment and a slowdown in growth. Of further concern in developing countries are tight credit, a lack of diversification in export markets, as well as steep declines in aid donations.
ACCESSION #
46707658

 

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