Publication year:
2011
English
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UNDP, United Nations Development Programme
The recent global economic crisis has reinforced significant concerns about the impact of financial and economic shocks on human development. This report addresses essential questions about economic vulnerability and resilience. Most significantly, it explores : – How do macro-economic crises affect the world’s most vulnerable economies? – What structural characteristics make some economies more susceptible to the harmful effects of such shocks? – What what policies can help developing economies build resilience in the face of unpredictable economic change globally? In doing so, it identifies key structural determinants that shape how countries experience and adapt to economic and financial shocks while considering policies and practices that minimize susceptibility.
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