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Sustaining Global Growth and Development by Michele Fratianni download in iPad, ePub, pdf

This applies equally to all of our activities, be it surveillance, lending, or technical assistance. The debate about the causes of the current crisis is ongoing, and I welcome this debate. Moreover, the international trading system remains distorted.

This applies equally

The Doha trade round is entering a critical phase. And the agenda is achievable. On the other, we can advocate for more and better international support, and help with its coordination.

We used pooled cross section data with observation over time because of data limitations. And better policies in several other countries, including Brazil, Colombia, and Peru have also allowed them to weather the storm reasonable well.

The debate about the causes

Experience suggests that more flexible exchange rate regimes are helpful because they provide a buffer for external shocks and facilitate good risk assessment. But, at least as important, developing countries must also lower their own trade barriers.