scholarly journals Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies

2019 ◽  
Author(s):  
Bertrand Gruss ◽  
Malhar Nabar ◽  
Marcos Poplawski-Ribeiro
2021 ◽  
Vol 21 (001) ◽  
Author(s):  
◽  

This guidance note was prepared by International Monetary Fund (IMF) and World Bank Group staff under a project undertaken with the support of grants from the Financial Sector Reform and Strengthening Initiative, (FIRST).The aim of the project was to deliver a report that provides emerging market and developing economies with guidance and a roadmap in developing their local currency bond markets (LCBMs). This note will also inform technical assistance missions in advising authorities on the formulation of policies to deepen LCBMs.


2020 ◽  
pp. 54-60
Author(s):  
A. Martynov

The article is devoted to the increasingly relevant topic of further approval of emerging market economies (EME). The author substantiates the position that there is a fundamental similarity between the national economies of the former socialist countries, which are now appropriately called postsocialist, and an impressive number of postdeveloping countries. Special attention is focused on an unexplored issue concerning the consequences of the expected nearfuture unprecedented technological and resource changes in relation to EME.


2012 ◽  
Author(s):  
Abdul G. Abiad ◽  
John C. Bluedorn ◽  
Jaime Guajardo ◽  
Petia B. Topalova

Author(s):  
Wee Chian Koh ◽  
Shu Yu

Emerging market and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals — such as large foreign exchange reserves, sound fiscal positions, and low inflation — suffered milder growth slowdowns, in part due to their greater capacity to engage in monetary and fiscal stimulus. Low-income countries were also resilient, as foreign aid and inflows of remittances remained relatively stable. In contrast, EMDEs that were heavily dependent on short-term capital flows — such as portfolio investment and cross-border bank lending — fared less well, especially those in Europe and Central Asia. A key lesson for EMDEs is the need to strengthen macroeconomic frameworks and create policy space to prepare for future global downturns.


2021 ◽  
pp. 217-241
Author(s):  
Erik Feyen ◽  
Jon Frost ◽  
Harish Natarajan ◽  
Tara Rice

2012 ◽  
Vol 12 (300) ◽  
pp. 1 ◽  
Author(s):  
Abdul Abiad ◽  
John C Bluedorn ◽  
Jaime Guajardo ◽  
Petia Topalova ◽  
◽  
...  

Policy Papers ◽  
2011 ◽  
Vol 2011 (28) ◽  
Author(s):  

The recovery is solidifying. However, old policy challenges still need to be fully addressed and new challenges are arising, especially on account of rising commodities prices. In many advanced economies the handoff from public to private demand is proceeding. But unemployment remains high and weak public balance sheets and still vulnerable financial sectors mean that the recovery is subject to downside risks. In many emerging market economies, overheating and financial imbalances present growing policy concerns. Monetary policy should stay accommodative in advanced economies, but needs further tightening in a number of emerging and developing economies to rein in inflationary pressure and rapid credit growth. Additionally, in emerging surplus economies, real exchange rate appreciation is needed to help contain inflation and support global demand rebalancing. In most economies, the time has come to begin fiscal adjustment by implementing measures to steadily reduce debt ratios toward more prudent levels. Moreover, financial sector repair and reform need to accelerate. Absent major progress on all these fronts, the recovery will remain vulnerable and job creation will continue to fall short of requirements in many parts of the world.


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