Abstract
The paper analyses the impact of the global economic crisis of 2007–2009 on the developing countries of a sample of four counties (South Africa, India, Brazil and China). Within the context of globalisation, the evolution of the financial crisis is outlined and its impact on the global economy identified, and the main transmission mechanisms by which the crisis spread to the developing world is discussed. By contrast, although developing countries did not make this crisis, it has become all too clear that they are in the firing line when it comes to suffering its effects and the current financial crisis had a significant effect on economic developments in developing economies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Social and Economic Research
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
