Faculty / School
Faculty of Business Administration (FBA)
Was this content written or created while at IBA?
Yes
Document Type
Conference Paper
Publication Date
10-13-2010
Conference Name
50th Anniversary celebrations of Center for Development Economics
Conference Location
Williamstown, USA
Conference Dates
October 13, 2010
Series
Faculty Research - Book Chapters and Conference Papers
First Page
1
Last Page
3
Keywords
Macroeconomic reforms, Emerging and developing economies (EDEs), Financial crisis, Post-crisis economic recovery
Abstract / Description
This year global economy is projected to grow by 4.8 percent but the main driver of the growth would be the emerging market economies.US at 2.6%,Eurozone 1.7% and Japan 2,8% are still struggling to recover but China, India, Brazil, Indonesia are leading the way, Unemployment in the US continues to remain a worry and the anxiety about the future course of the economy has kept investment in fixed assets subdued. Why is that only after a brief spell of a few quarters’ decline the EDEs in general have performed so well, unemployment has been contained and the stimulus package although quite modest in comparison to the western economies have done the trick?
Recommended Citation
Husain, I. (2010). Macroeconomic reforms in developing countries: what has been gained?., 1-3. Retrieved from https://ir.iba.edu.pk/faculty-research-series/155
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