It takes the average reader and 53 minutes to read Global Shocks and their Impacton Low-Income Countries by Hans Weisfeld
Assuming a reading speed of 250 words per minute. Learn more
This paper investigates the short-run effects of the 2007-09 global financial crisis on growth in (mainly non-fuel exporting) low-income countries (LICs). Four conclusions stand out. First, for many individual LICs, 2009 was not extraordinarily calamitous; however, aggregate LIC output declined sharply because LICs were unusually synchronized. Second, the growth declines are on average well explained by the decline in export demand. Third, if the external environment facing LICs improves as forecast, their growth should rebound sharply. Finally, and contrary to received wisdom, there are few robust relationships between the cross-country growth variation and the policy and structural environment; the main exceptions are reserve coverage and labor-market flexibility.
Global Shocks and their Impacton Low-Income Countries by Hans Weisfeld is 53 pages long, and a total of 13,409 words.
This makes it 18% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 13 minutes to read Global Shocks and their Impacton Low-Income Countries aloud.
Global Shocks and their Impacton Low-Income Countries is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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