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Iraq is facing daunting challenges of Islamic State of Iraq and Syria (ISIS) insurgency, political upheaval, and profound economic and humanitarian crises. Compounding the ISIS-related crisis, the sharp decline in global oil prices has resulted in significant decline in oil export revenues....
Persistent link: https://www.econbiz.de/10012644852
Economic and natural crises and shocks are unfortunately recurring events, but the better a country is prepared for such eventualities, the lesser the impact may be. In 2009, in the wake of the global economic crisis, the Government of Indonesia piloted a Crisis Monitoring and Response System...
Persistent link: https://www.econbiz.de/10012557899
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Armenia has a very small economy that has carried out strong reforms in many areas over the past decade and a half. It grew at a very fast pace prior to the global crisis (about 12 percent on average between 2000 and 2007), in part due to a strong inflow of remittances and Foreign Direct...
Persistent link: https://www.econbiz.de/10012557458
"The aim of this paper is to understand the mechanism underlying access to credit. Gine focuses on two important … aspects of rural credit markets in Thailand. First, moneylenders and other informal lenders coexist with formal lending … presumably face sizable transaction costs obtaining external credit. The author develops and estimates a model based on limited …
Persistent link: https://www.econbiz.de/10010522697
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This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world...
Persistent link: https://www.econbiz.de/10010526320
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