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The Crisis Hits Home: Stress-Testing Households in Europe and Central Asia
Tiongson, Erwin R., Sugawara, Naotaka, Sulla, Victor, Taylor, Ashley, Gueorguieva, Anna I., Levin, Victoria, Subbarao, Kalanidhi
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Description for The Crisis Hits Home: Stress-Testing Households in Europe and Central Asia
Paperback. The crisis threatens the welfare of about 160 million people in the Europe and Central Asia region and a new round of price increases triggered by currency adjustments is expected. However, compared with previous crises, households and governments alike face difficult choices over spending priorities. Num Pages: 104 pages, Illustrations. BIC Classification: 1D; 1FC; KCB; KCX. Category: (P) Professional & Vocational. Dimension: 253 x 180 x 7. Weight in Grams: 258.
The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households transmitted via credit market shocks, price shocks, and income shocks this report finds that adverse effects are widespread and that poor and non-poor households alike are vulnerable. By 2010, for the region as a whole, some 11 million more people will likely be in poverty and over 23 million more people will find themselves ... Read more
The crisis threatens the welfare of about 160 million people in the Europe and Central Asia (ECA) region who are poor or are just above the poverty line. Using pre-crisis household data along with aggregate macroeconomic outturns to simulate the impact of the crisis on households transmitted via credit market shocks, price shocks, and income shocks this report finds that adverse effects are widespread and that poor and non-poor households alike are vulnerable. By 2010, for the region as a whole, some 11 million more people will likely be in poverty and over 23 million more people will find themselves ... Read more
Product Details
Format
Paperback
Publication date
2009
Publisher
World Bank Publications
Condition
New
Number of Pages
104
Place of Publication
Washington, United States
ISBN
9780821382226
SKU
V9780821382226
Shipping Time
Usually ships in 5 to 9 working days
Ref
99-3
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