Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/51440
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dc.contributor.authorFernández-Arias, Eduardoen_US
dc.contributor.authorPowell, Andrewen_US
dc.contributor.authorRebucci, Alessandroen_US
dc.date.accessioned2010-02-24en_US
dc.date.accessioned2011-11-18T11:47:30Z-
dc.date.available2011-11-18T11:47:30Z-
dc.date.issued2009en_US
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_US
dc.language.isoengen_US
dc.publisher|aInter-American Development Bank, Research Dep. |cWashington, DCen_US
dc.relation.ispartofseries|aWorking paper // Inter-American Development Bank, Research Department |x683en_US
dc.subject.jelF3en_US
dc.subject.jelF33en_US
dc.subject.jelF53en_US
dc.subject.ddc330en_US
dc.subject.keywordGlobal Crisisen_US
dc.subject.keywordLatin America and Caribbeanen_US
dc.subject.keywordMultilateral Development Banksen_US
dc.subject.keywordPolicy Responsesen_US
dc.subject.stwFinanzmarktkriseen_US
dc.subject.stwFinanzmarkten_US
dc.subject.stwAufstrebende Märkteen_US
dc.subject.stwBankenpolitiken_US
dc.subject.stwInternationale wirtschaftspolitische Koordinationen_US
dc.subject.stwEntwicklungsbanken_US
dc.subject.stwWelten_US
dc.titleThe multilateral response to the global crisis: Rationale, modalities, and feasibilityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn602621011en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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