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World Crisis and Protecting Low-Income Countries Against Exogenous Shocks

Author

Listed:
  • Patrick GUILLAUMONT

    (Ferdi)

Abstract
Developing countries, specifically low-income countries, and above all least developed countries, are facing recurrent shocks. While the resources available to the international community to help them cope with such shocks have long been debated, the world economic crisis sheds new light on the problem. There is a risk that the shocks may take on unprecedented proportions, which will bring to light the gaps in the international protection system. This situation gives us an opportunity to consider reforms to this system.

Suggested Citation

  • Patrick GUILLAUMONT, 2009. "World Crisis and Protecting Low-Income Countries Against Exogenous Shocks," Working Papers P06, FERDI.
    • Handle: RePEc:fdi:wpaper:1231
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    File URL: http://www.ferdi.fr/sites/www.ferdi.fr/files/publication/fichiers/wp6-original_oif_et_commonwealth.pdf
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    References listed on IDEAS

    as
    1. Catherine KORACHAIS & Patrick GUILLAUMONT, 2008. "When unstable, growth is less pro poor," Working Papers 200827, CERDI.
    2. Patrick GUILLAUMONT & Catherine KORACHAIS & Julie SUBERVIE, 2006. "How Macroeconomic Instability Lowers Child Survival," Working Papers 200639, CERDI.
    3. P. Guillaumont & L. Chauvet, 2001. "Aid and Performance: A Reassessment," Journal of Development Studies, Taylor & Francis Journals, vol. 37(6), pages 66-92.
    4. Christopher L. Gilbert & Alexandra Tabova, 2005. "Can we link concessional debt service to commodity prices?," Department of Economics Working Papers 0508, Department of Economics, University of Trento, Italia.
    5. Patrick GUILLAUMONT, 2005. "Macro vulnerability in low income countries and aid responses," Working Papers 200530, CERDI.
    6. Rachid LAAJAJ & Patrick GUILLAUMONT, 2006. "When instability increases the effectiveness of aid projects," Working Papers 200637, CERDI.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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