The Crisis Hits Home ePub (Adobe DRM) download by Naotaka Sugawara

The Crisis Hits Home

World Bank Publications
Publication date: December 2009
ISBN: 9780821382233
Digital Book format: ePub (Adobe DRM)

Buy ePub

List price:
$9.99
Our price:
$8.99

You save: $1.00 (10%)
GET THIS EBOOK
FOR FREE!
Join our Facebook sweepstake, share and
get 10 likes. Winners
get notified in 24H!
"The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households-transmitted via credit market shocks, price shocks, and income shocks-this report finds that adverse effects are widespread and that poor and non-poor households alike are vulnerable. By 2010, for the region as a whole, some 11 million more people will likely be in poverty and over 23 million more people will find themselves just above the poverty line because of the crisis. The aggregate results mask the heterogeneity of impact within countries, including the concentration of the poverty impact in selected economic sectors. Meanwhile, stress tests on household indebtedness in selected countries suggest that ongoing macroeconomic shocks will expand the pool of households unable to service their debt, many of them from among the ranks of relatively richer households. In fact, already there are rising household loan delinquency rates. Finally, there is evidence that the food and fuel crisis is not over and a new round of price increases, via currency adjustments, will have substantial effects on net consumers. Lessons from last year's food crisis suggest that the poor are the worst hit, as many of the poor in Albania, Kyrgyz Republic, and Tajikistan, for example, are net food consumers, with limited access to agricultural assets and inputs."
Please sign in to review this product.
Devices:
The Crisis Hits Home: Stress-Testing Households in Europe and Central Asia ePub (Adobe DRM) can be read on any device that can open ePub (Adobe DRM) files.

File Size:
2556 Kb
Language:
ENG
Copy From Text:
Disabled.
Printing:
Disabled.
The Crisis Hits Home ePub (Adobe DRM) download by Naotaka Sugawara
World Bank Publications, December 2009
ISBN: 9780821382233
EAN:  2370003477870
ePub (Adobe DRM)
List Price: $9.99 eBook price: $8.99
The Crisis Hits Home: Stress-Testing Households in Europe and Central Asia PDF (Adobe DRM) download by Naotaka Sugawara
World Bank Publications, December 2009
ISBN: 9780821382233
EAN:  9780821382233
PDF (Adobe DRM)
List Price: $20.00 eBook price: $18.99
Other books by Naotaka Sugawara
From Volatility to Stability in Expenditure: Stabilization Funds in Resource-Rich Countries PDF (Adobe DRM) download by Naotaka Sugawara
From Volatility to Stability in Expenditure: Stabilization Funds in Resource-Rich Countries
Naotaka Sugawara
INTERNATIONAL MONETARY FUND, March 2014
ISBN: 9781475515275
Format: PDF, ePub
List Price: $9.00 Our price: $6.99