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As part of its work to help low-income countries manage volatility, the IMF has developed an analytical framework for assessing vulnerabilities and emerging risks that arise from changes in the external environment. This paper draws on the results of the first vulnerability exercise for low-income countries using this new framework. It focuses on the risks of a downturn in global growth and of further global commodity price shocks and discusses related policy challenges.

Produktbeschreibung
As part of its work to help low-income countries manage volatility, the IMF has developed an analytical framework for assessing vulnerabilities and emerging risks that arise from changes in the external environment. This paper draws on the results of the first vulnerability exercise for low-income countries using this new framework. It focuses on the risks of a downturn in global growth and of further global commodity price shocks and discusses related policy challenges.