The rising resilience of emergng market and developing economies

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The rising resilience of emerging markets and developing economies.pdf (1.23 MB, 需要: 2 个论坛币)

2012-12-21 11:50:03 上传

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  This paper derives from the IMF. This paper reveals that emerging markets and developing economies (EMDEs) spent more time in expansion and enjoyed smaller downturns than advanced economies during the past decade. Most importantly, they display the history of EMDEs' resilience over the past 60 years, and investigate the influencing factors with it. And they finf that their improved performance in recent years is highly dependent on good policies and a lower incidence of external and domestic shocks -- the former accounts for three fifths of their improved resilience while less frequent shocks account for the remainder.

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关键词：Developing Resilience Economies economie Develop market

good workingpaper!