A new report from the Institute of Development Studies (IDS) looks at the impact of the global financial crisis on the developing world. Results show that developing countries cannot be treated as a homogenous block. Concerns vary significantly across countries, depending on their current economic situation, exposure to specific impacts
Month: December 2008
A comprehensive plan to drive Europe’s recovery from the current economic crisis
The European Commission presented a Recovery Plan based on short-term measures to boost demand, save jobs and help restore confidence, and also on ”smart investment” to yield higher growth and sustainable prosperity in the longer-term. The Plan calls for a timely, targeted and temporary fiscal stimulus in 2009-2010 of EUR