In development circles, we often ask what ‘Europe’ can contribute to our development objectives. However, with Europe in financial and perhaps even political crisis, isn’t time we asked what development can contribute to our European objectives? Simon Maxwell sets out three answers to this question in his latest EDCSP blog.
December 20, 2011
Re-thinking Europe: what development can offer
Posted by edcsp under Blog | Tags: "Simon Maxwell", development, eurozone crisis, policy |Leave a Comment
October 23, 2011
The eurozone crisis: Risks for developing countries
Posted by edcsp under Research | Tags: developing countries, economic crisis, European development policy, eurozone, eurozone crisis, Isabella Massa, Jane Kennan, Jodie Keane, LICS, ODI |Leave a Comment
Just as the world was recovering from the 2008-9 recession, the global economy looks once again close to boiling point.
But what does this actually mean for developing countries, and in particular for low-income countries (LICs)? What makes the eurozone sovereign debt crisis different from the recent global financial crisis? Through what channels could the European debt crisis spread to the developing world? Are LICs prepared to weather a new global downturn? What policy options may be adopted by developing country policy-makers?
This ODI Background Note explores these key questions, and offers advice for policy makers.
