Crisis and Great Recession

World Bank Publications

CRISIS and THE GREAT RECESSION

FEATURED TITLES LIVING THROUGH CRISES

How the Food, Fuel, and Financial Shocks Affect the Poor

NEW

MANAGING OPENNESS

Trade and Outward-Oriented Growth after the Crisis Edited by Mona Haddad and Ben Shepherd

Edited by Rasmus Heltberg, Naomi Hossain, and Anna Reva Apr 2012 302 pages 978-0-8213-8940-9 Paperback $39.95

New Frontiers of Social Policy

This book presents eight country case studies to illustrate how people in specific localities were affected by global shocks, which coping strategies they adopted, and which sources of support were available to them.

MIGRATION AND REMITTANCES DURING THE GLOBAL FINANCIAL CRISIS AND BEYOND Edited by Ibrahim Sirkeci, Jeffrey H. Cohen, and Dilip Ratha

Mar 2011 348 pages 978-0-8213-8631-6 Paperback $49.95

Trade and Development

This book aims to contribute to this important and ongoing policy debate, bringing together recent empirical work on the trade collapse, its causes and consequences, and the broader trade policy agenda in the post-crisis environment. It addresses critical policy issues revolving around the topic of an outward-oriented growth strategy, including policy instruments that help manage risks associated with outward-orientation, and lessons learned from the crisis for particular countries and regions.

ASCENT AFTER DECLINE

Economic Impact and Growth Prospects Edited by Mustapha K. Nabli

Jan 2012 325 pages 978-0-8213-8942-3 Paperback $39.95

In Ascent after Decline, more than a dozen distinguished contributors scan the economic horizon, spell out the new fiscal reality, and highlight the policy choices on which economic regrowth will depend.

POST-CRISIS GROWTH IN DEVELOPING COUNTRIES

A Handbook on the Future of Economic Policy in the Developing World Edited by Otaviano Canuto and Marcelo M. Giugale Sep 2010 464 pages 978-0-8213-8498-5 Paperback $35.00

SOVEREIGN DEBT AND THE FINANCIAL CRISIS Will This Time Be Different?

Edited by Carlos A. Primo Braga and Gallina A. Vincelette Nov 2010 554 pages 978-0-8213-8483-1 Paperback $49.95

GLOBAL ECONOMIC PROSPECTS 2010 Crisis, Finance, and Growth

Feb 2010 184 pages 978-0-8213-8226-4 Paperback $38.00

Jun 2011 410 pages 978-0-8213-8748-1 Paperback $39.95

The purpose of this book is to provide policy makers, analysts, and other interested parties with a comprehensive assessment of the role of trade finance in the 2008–09 “great trade collapse” and the subsequent role of governments and institutions to help restore trade finance markets.

Edited by Michael Spence and Danny Leipziger

GLOBAL MONITORING REPORT 2010

THE DAY AFTER TOMORROW

Edited by Jean-Pierre Chauffour and Mariem Malouche

Edited by Shahrokh Fardoust, Yongbeom Kim, and Claudia Paz Sepulveda Nov 2010 584 pages 978-0-8213-8518-0 Paperback $39.95

May 2010 168 pages 978-0-8213-8316-2 Paperback $29.95

TRADE FINANCE DURING THE GREAT TRADE COLLAPSE

GLOBALIZATION AND GROWTH

A Development Agenda for the G-20

A Special Report of the Commission on Growth and Development on the Implications of the 2008 Financial Crisis Jan 2010 96 pages 978-0-8213-8165-6 Paperback $15.00

GLOBAL VALUE CHAINS IN A POST-CRISIS WORLD A Development Perspective

Edited by Olivier Cattaneo, Gary Gereffi, and Cornelia Staritz Sep 2010 416 pages 978-0-8213-8499-2 Paperback $45.00

Trade and Development

THE WORLD BANK GROUP’S RESPONSE TO THE GLOBAL ECONOMIC CRISIS PHASE I

Mar 2011 144 pages 978-0-8213-8665-1 Paperback $25.00

Independent Evaluation Group Studies

NEW

This year’s report summarizes the short- and long-term impact of food prices on several Millennium Development Goals, explores future trends, and reviews policy responses, from domestic policies such as social safety nets, nutritional programs and agricultural policies, to regional trade policies and support by the international community.

POST-CRISIS GROWTH AND DEVELOPMENT

Dec 2010 662 pages 978-0-8213-8513-5 Paperback $35.00

The MDGs after the Crisis

Apr 2012 192 pages 978-0-8213-9451-9 Paperback $29.95

Edited by Otaviano Canuto and Danny M. Leipziger

This book brings together a wide array of studies from around the world focusing on the recent trends in remittance flows. The authors have gathered a select group of researchers from academic, practitioner, and policy making bodies.

THE GREAT RECESSION AND DEVELOPING COUNTRIES

Food Prices, Nutrition, and the Millennium Development Goals

Regrowing Global Economies after the Great Recession

May 2012 468 pages 978-0-8213-8826-6 Paperback $39.95

BESTSELLERS

GLOBAL MONITORING REPORT 2012

Implications for a Post-Crisis World Apr 2010 380 pages 978-0-8213-8220-2 Paperback $40.00

TURMOIL AT TWENTY

Recession, Recovery and Reform in Central and Eastern Europe and the Former Soviet Union

Pradeep K. Mitra, Marcelo Selowski, and Juan F. Zalduendo Oct 2009 276 pages 978-0-8213-8113-7 Paperback $28.00

Eastern Europe and Central Asia Flagship

MORE ON CRISIS AND THE GREAT RECESSION FINANCING AFRICA

Through the Crisis and Beyond Thorsten Beck, Samuel Munzele Maimbo, Issa Faye, and Thouraya Triki Sep 2011 308 pages 978-0-8213-8797-9 Paperback $40.00

Financing Africa takes stock of Africa’s financial systems in light of recent changes in the global financial system—including the greater risk aversion of international investors, a shift in economic and financial powers towards emerging markets, and the regulatory reform debate—and the increasing role of technology. Using a wider and more detailed array of data than previous publications, the authors observe a trend towards financial deepening, more stability and more inclusion leading up to the crisis. Serious challenges, however, continue including limited access to financial services, focus on short-term contracts, and hidden fragility, related to weak regulatory frameworks, undue government interference, and governance deficiencies.

ANNUAL WORLD BANK CONFERENCE ON DEVELOPMENT ECONOMICS 2010, Lessons from East Asia and the Global Financial Crisis

Edited by Justin Yifu Lin and Boris Pleskovic May 2011 388 pages 978-0-8213-8060-4 Paperback $35.00

The Annual World Bank Conference on Development Economics (ABCDE) is one of the world’s best-known series of conferences for the presentation and discussion of new knowledge on development. The conference provides a forum for the world’s leading development thinkers to share new knowledge and ideas. ‘Lessons from East Asia and the Global Financial Crisis’ was the theme of the ABCDE held in Seoul, Republic of Korea, on June 22–24, 2009. The conference was co-organized by the Government of the Republic of Korea, the Korea Development Institute (KDI), and the World Bank.

POVERTY AND THE POLICY RESPONSE TO THE ECONOMIC CRISIS IN LIBERIA Quentin Wodon May 2012 188 pages 978-0-8213-8979-9 Paperback $22.00

The objective of this study is to provide a basic diagnostic of both consumption-based poverty and human development (especially education and health) in the country using the 2007 CWIQ (Core Welfare Indicators Questionnaire) survey, and to assess the likely impact on the poor of the recent economic crisis, and especially the increase in rice prices, and to document the targeting performance of various measures taken by the government in 2008/09 to help the poor cope with the crisis.

CHILDREN AND YOUTH IN CRISIS

Protecting and Promoting Human Development in Times of Economic Shocks Edited by Mattias Lundberg and Alice Wuermli Jun 2012 310 pages 978-0-8213-9547-9 Paperback $34.95

This volume describes the impact of aggregate shocks on human development, and the subtle and intricate settings and pathways through which individuals can be affected. Depending on the timing, duration, transmission mechanisms, and context, the consequences for children’s physical, cognitive, and socio-emotional development may be costly and irreversible. It also explores what we know about protecting young people from lasting harm and promoting healthy development through a crisis.

CHALLENGES TO ENTERPRISE PERFORMANCE IN THE FACE OF THE FINANCIAL CRISIS

Eastern Europe and Central Asia Protecting and Promoting Human Development in Times of Economic Shocks Jun 2011 144 pages 978-0-8213-8800-6 Paperback $25.00

M. Ihsan Ajwad

This report explores the impact of constraints on firm performance in 29 Eastern European and Central Asian countries. The results show that enterprises in the region face varying levels of pressure depending on their features, location, resources directly accessible to them, and characteristics of country governance and regulatory frameworks. The report takes stock of enterprise sector performance along these three key dimensions near the end of two decades of the transition process. It is therefore critical to understand where firms in these countries stand now in terms of their relative access to finance, labor markets and quality of labor, and infrastructure capacity.

Mar 2011 132 pages 978-0-8213-8742-9 Paperback $20.00

Entrepreneurship Snapshots 2010

THE JOBS CRISIS

Household and Government Responses to the Great Recession in Eastern Europe and Central Asia

The report finds that governments in the region can improve their crisis responses by making automatic stabilizers more responsive and broad based; adjusting program parameters to the conditions on the ground; and starting new programs to fill coverage gaps that emerge. However, to enable an efficient and flexible crisis response, governments can benefit from fiscal discipline during good times and reliable and timely monitoring systems.

KNOWING WHEN YOU DO NOT KNOW Simulating the Poverty and Distributional Impacts of an Economic Crisis Edited by Ambar Narayan and Carolina Sanchez Jan 2012 72 pages 978-0-8213-8981-2 Paperback $22.00

This volume outlines a more comprehensive approach to the problem, showcasing a microsimulation model, developed in response to demand from World Bank staff working in countries and country governments in the wake of the global financial crisis of 2008-09. Starting with the idea of using simple macroeconomic projections as the ‘macro linkages’ to a micro behavioral model built from household data, the model was conceptualized, refined and tested in a diverse mix of countries: Bangladesh, Philippines, Mexico, Poland and Mongolia. The results fed into country policy dialogue and lending operations of Bank teams, as well as various reports, research papers and briefs.

Measuring the Impact of the Financial Crisis on New Business Registration Nov 2010 40 pages 978-0-8213-8476-3 Paperback $19.95

The 2010 World Bank Entrepreneurship Snapshots provide a unique indicator of business creation around the world and facilitate the investigation of the factors that foster dynamic private sector growth. Now in its fourth year, the WBES measure entrepreneurial activity in 115 developing and industrial countries over the six year period 2004-2009.

Importantly, the data offer a distinctive and timely snapshot of the impact of the 2008-2009 financial crisis on entrepreneurial activity.

Making the Cut?

Low-Income Countries and the Global Clothing Value Chain in a Post-Quota and Post-Crisis World Cornelia Staritz Dec 2010 196 pages 978-0-8213-8636-1 Paperback $29.95

The key objectives of this study are to assess main developments in the global clothing sector associated with the Multi-Fiber Arrangement phase out, global buyers and their sourcing strategies, and the global economic crisis; analyze challenges that low-income countries are facing in the post-quota and post-crisis world in entering and upgrading within global clothing value chains; and identify policy recommendations to increase the competitiveness of low-income country clothing exporters as well as to further their integration into and improve their positions within global clothing value chains.

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