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Global Financial Crisis Preliminary Synthesis of Ten Draft Country Reports

Research report

Written by Anna McCord, Dirk Willem te Velde, Isabella Massa, Jane Kennan, Jodie Keane, Massimiliano Cali

Research report

The UK Department for International Development and the Dutch Ministry of Foreign Affairs supported a team of 8 ODI researchers and 30 research collaborators in ten countries (in Asia: Indonesia, Cambodia and Bangladesh; in South America: Bolivia; and in Africa: Benin, Ghana, Kenya, Nigeria, Uganda and Zambia) to examine the effects of the global financial crisis. We are all grateful for the support received.

The research involved a workshop in London, consultations in each country, and synthesis reviews. It aims to inform key policy processes and international discussions on the actual effects of and appropriate policy responses to the global financial crisis.

This paper is an initial draft synthesis of the 10 country case studies based on the draft papers. It will be followed by more in depth syntheses and final reports to be released in April/May 2009. ODI work on the global financial crisis is highlighted at http://www.odi.org.uk/odi-on/financial-crisis/default.asp

Country case study contributors:

  • Luis Carlo Jemio and Osvaldo Nina, Grupo Integral S.R.L, INESAD, Bolivia
  • Olu Ajakaiye, African Economic Research Consortium
  • Oluwatayo Oni Fakiyesi, University of Lagos, Nigeria
  • Hossein Jalilian, Chan Sophal, Glenda Reyes, Saing Chan Hang, Phann Dalis and Pon Dorina, Cambodian Development Policy Research Institute, Cambodia
  • Mustafizur Rahman, Debapriya Bhattacharya, Md. Ashiq Iqbal, Towfiqul Islam Khan, Tapas Kumar Paul, Centre for Policy Dialogue, Bangladesh
  • Sarah Ssewanyana, Lawrence Bategeka, Evarist Twimukye, Winnie Nabiddo Economic Policy Research Centre, Uganda
  • Amoussouga Gero Fulbert, Professor, Universit√© d'Abomey-Calavi, Benin
  • Manenga Ndulo, Dale Mudenda, Lutangu Ingombe, and Lillian Muchimba, Department of Economics, University of Zambia
  • Francis Mwega, Department of Economics, University of Nairobi
  • Ira Setiati Titiheruw, Hadi Soesastro and Raymond Atje, Centre for Strategic and International Studies, Indonesia
  • Charles Ackah, Ernest Aryeetey, Ellen B-D. Aryeetey, Institute of Statistical, Social and Economic Research (ISSER), University of Ghana
Dirk Willem te Velde, Massimiliano Cali, Jodie Keane, Jane Kennan, Isabella Massa, Anna McCord, Mareike Meyn, Milo Vandemoortele and case study contributors from 10 countries