Tag: recession
How badly is the crisis hitting the poorest countries? Here's what the IMF thinks
The IMF has a new paper out summarizing the impact of the global crisis on 78 ‘low income countries’ (LICs) – the world’s poorest, many of them in Sub-Saharan Africa. Its findings include:
Read More »Recession, development and climate change: the big picture
This article of mine first appeared in the 25th October issue of the Scotsman. If the 1930s are any guide, the seismic shock hitting the global economy has a long way to go. First came the plummeting stocks on Wall Street, then the social trauma of mass unemployment, soup kitchens and skid row. But they […]
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