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dc.contributor.authorFernández-Arias, Eduardoen
dc.contributor.authorPowell, Andrewen
dc.contributor.authorRebucci, Alessandroen
dc.date.accessioned2010-02-24-
dc.date.accessioned2011-11-18T11:47:30Z-
dc.date.available2011-11-18T11:47:30Z-
dc.date.issued2009-
dc.identifier.urihttp://hdl.handle.net/10419/51440-
dc.description.abstractThe paper reviews the case for a strong multilateral response to the global crisis in emerging markets (EMs). It discusses modalities and feasibility of intervention and its associated risks, depending on country circumstances of fiscal space and liquidity needs. The specific role of Multilateral Development Banks (MDBs) in ensuring the development effectiveness of the fiscal response is also discussed. The paper concludes by highlighting the international financial architecture issues raised by the global crisis that cannot be addressed immediately but will need to be dealt with once the current crisis has been tamed.en
dc.language.isoengen
dc.publisher|aInter-American Development Bank, Research Department |cWashington, DCen
dc.relation.ispartofseries|aWorking Paper |x683en
dc.subject.jelF3en
dc.subject.jelF33en
dc.subject.jelF53en
dc.subject.ddc330en
dc.subject.keywordGlobal Crisisen
dc.subject.keywordLatin America and Caribbeanen
dc.subject.keywordMultilateral Development Banksen
dc.subject.keywordPolicy Responsesen
dc.subject.stwFinanzmarktkriseen
dc.subject.stwFinanzmarkten
dc.subject.stwAufstrebende Märkteen
dc.subject.stwBankenpolitiken
dc.subject.stwInternationale wirtschaftspolitische Koordinationen
dc.subject.stwEntwicklungsbanken
dc.subject.stwWelten
dc.titleThe multilateral response to the global crisis: Rationale, modalities, and feasibility-
dc.typeWorking Paperen
dc.identifier.ppn602621011en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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