Coping with the Crisis : Policy Options for Emerging Market Countries /

This chapter outlines policies to help solve the debt overhang and bring about recovery in both groups of countries. The current financial turmoil is confronting emerging market economies with two shocks: a 'sudden stop' of capital inflows resulting from the global deleveraging process, an...

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Bibliographic Details
Main Author: Crowe, Christopher
Other Authors: Chamon, Marcos, Kim, Jun, Ostry, Jonathan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Staff Position Notes; Staff Position Note ; No. 2009/008
Online Access:Full text available on IMF