Macroeconomic Developments and Prospects in Low-Income Countries - 2022 PDF Download

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Macroeconomic Developments and Prospects in Low-Income Countries - 2022

Macroeconomic Developments and Prospects in Low-Income Countries - 2022 PDF Author: International Monetary
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 78

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Book Description
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.