The Financial Crisis and Developing Nations
The global financial crisis has been difficult for the world’s most advanced economies, but its impact on developing nations may prove more severe. Join Nancy Birdsall and Danny Leipziger for a discussion of the political and economic consequences of the crisis on the world’s most vulnerable nations.
Listen to John P. Lipsky, first deputy managing director of the International Monetary Fund (IMF), remark on the recent effects of the economy on IMF member countries and the IMF's reaction to the financial crisis.
Listen to Justin Yifu Lin, chief economist and senior vice president at the World Bank, discuss how stimulus measures may be applied to boost global demand, taking into account the challenges such efforts face in poor nations, emerging economies, and wealthy countries alike.