Global Risks, Vulnerabilities, and Policy Challenges Facing Low-Income Countries
The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012.
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Volume 2012
Issue 089
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Inflation , Economics- Macroeconomics , PP , Resource-Rich LICs , price , price shock , growth recovery , shock scenario , near-term risk , IMF staff estimate , dollarized LICs , oil price shock , commodity-exporting LICs , near-term vulnerability , food price scenario , LICs in Asia , 'near term risk , food price , Commodity price shocks , Fiscal space , Inflation , Food prices , Commodity prices , Global , Middle East , Asia and Pacific , Eastern Europe , Caribbean
Summary
The rapid recovery in many low-income countries (LICs) following the global crisis has been sustained in 2012. Softening commodity prices have led to moderating inflation pressures in most LICs. However, progress in rebuilding policy buffers has halted over the past two years, despite continued strong growth in LICs.
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