Will the Global Financial Crisis Change the Development Paradigm?

From:: Department for International Development
Published: 1 January 2009

Document Type:: Briefing
Theme:: Economic Growth
Authors:: McCulloch, N., Schmidt, A., Sumner, A.

Abstract

The origin, depth and severity of the current global financial crisis and the speed with which it has spread around the globe are likely to lead to profound changes in the way that policymakers throughout the world think about development policy. The effects of the crisis on the international development policy, global economic governance and the opportunity it gives to protect the poor and the planet are discussed.

Citation

IDS In Focus Policy Briefing 7.10, Institute of Development Studies at the University of Sussex Brighton, UK, 2 pp.