The Europe and Central Asia (ECA) region has been hit by a crisis on multiple fronts. Countries in ECA are facing major, interrelated, external macro-financial shocks. The first is the global growth slowdown leading to falling export market demand. In addition, the prospects for inflows of remittances to low-income countries have been downgraded as economic activity in migrant host countries has declined. The second is the financial deleveraging by...
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2009/12/02
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Publicação
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52277
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1
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2010/05/19
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Disclosed
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The crisis hits home : stress-testing households in Europe and Central Asia
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