Macroeconomic Developments and Prospects in Low-Income Countries - 2022
December 8, 2022
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Macroeconomic Developments and Prospects in Low-Income Countries - 2022, (USA: International Monetary Fund, 2022) accessed December 21, 2024
Summary
Russia’s war in Ukraine and the related fallout have created a challenging external environment for the post-pandemic recovery of low-income countries (LICs). Food and commodity prices linger at elevated level with worsening food security. Global financial conditions tighten as major economies are fighting against inflation. The delay in LICs’ income per capita convergence to that of advanced economies (AEs) is expected to last into the medium term.
Subject: Monetary policy, Political economy
Publication Details
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Pages:
78
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Volume:
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DOI:
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Issue:
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Series:
Policy Paper No. 2022/054
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Stock No:
PPEA2022054
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ISBN:
9798400227813
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ISSN:
2663-3493
