The world economy has not still recovered from the effects of the financial crisis that began almost a decade ago first in the US and then in Europe. Policy response to the crisis, the combination of fiscal restraint and ultra-easy monetary policy, has not only failed to bring about a robust...

Intro -- Title page -- Copyright page -- Contents -- INTRODUCTION -- CHAPTER 1 -- POLICY RESPONSE TO THE GLOBAL FINANCIAL CRISIS: KEY ISSUES FOR DEVELOPING COUNTRIES -- A. INTRODUCTION -- B. POLICY RESPONSE IN DEEs: PAYMENTS CONSTRAINT AND INTERNATIONAL SUPPORT -- C. REFORM OF THE INTERNATIONAL...