Macroeconomic Policy, Stimuli, Aid and Budgeting: What Options?
Developing countries are being severely hit by the global crisis. However, the ability of different countries to respond varies considerably. A number of middle‐income countries have foreign reserves and fiscal space to mitigate the effects of the crisis, but low‐income countries (LICs) do not have...
|Place of publication:||
Oxford, UK Blackwell Publishing Ltd 01.09.2009
INST DEVELOPMENT STUDIES
|published in:||IDS bulletin (Brighton. 1984) Vol. 40; no. 5; pp. 78 - 88|
|Data of publication:||2009-09|
This article is based on an earlier version prepared for the UK Department for International Development (DFID). We are thankful to Andy Sumner and Neil McCulloch for their comments on an earlier version of this article. The usual caveats apply.
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