How Does the Financial Crisis Affect Developing Countries?

Abstract

The global economy is in crisis as a result of inadequate regulation and supervision of banks and financial markets. The prudential regulation and supervision recommended to developing countries was largely ignored in the developed nations. No country, however, is spared from the consequences of the downturn. The impact on developing countries is even greater. (...)

A economia global está em crise como resultado da regulamentação e supervisão inadequada dos