The Economic Crisis around the world

It may seem like a long way from Wall Street to the main streets of Africa, but as developing countries have become more integrated with the world economy – through trade, migration, and investment – they have also become more exposed to radical changes in the economies of the developed world. The exposure and impact varies across regions, countries and sectors, but it is becoming more apparent that what started as a financial crisis is turning into a human development crisis. Learn more about the impact of the economic crisis >>

“We must remember that developing countries don’t have automatic stabilizers. We don’t have integral social service systems that protect people and families from the crisis, but rather people and their families receive the entire effect of the crisis because we don’t have these systems of protection.” Rebeca Grynspan, UNDP Assistant Administrator and Director of the Regional Bureau for Latin America and the Caribbean
  • Moldova
  • mauritania
  • Nigeria
  • Democratic Republic of Congo
  • Pakistan
  • Uganda


The human face of the economic crisis


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