Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well … 2009 global recession highlights once again the critical role of policy room in shielding economic activity during adverse …

internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off … the crisis, advanced economies felt the brunt of the recession. The subsequent expansion has been the weakest in the post … emerging market and developing economies weathered the 2009 global recession relatively well and delivered a stronger recovery …