02177cas a2200277 a 4500 AALejournalIMF021456 230101c9999 xx r poo 0 0eng d 20.00 USD 9781513566603 2616-5333 BD-DhAAL BD-DhAAL Ahir, Hites. Macroeconomic Research in Low-income Countries : Advances Made in Five Key Areas Through a DFID-IMF Collaboration / Hites Ahir, Hendre Garbers, Mattia Coppo, Giovanni Melina. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (77 pages) Departmental Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP growth during the 2008 global financial crisis, LICs on average saw 4.5 percent of real GDP growth during 2000 to 2014, making progress in economic convergence toward higher-income countries. However, the commodity price collapse in 2014-15 hit many commodity-exporting LICs and highlighted their vulnerabilities due to the limited extent of economic diversification. Furthermore, LICs are currently facing a crisis like no other-COVID-19, which requires careful policymaking to save lives and livelihoods in LICs, informed by policy debate and thoughtful research tailored to the COVID-19 situation. There are also other challenges beyond COVID-19, such as climate change, high levels of public debt burdens, and persistent structural issues. Mode of access: Internet Coppo, Mattia. Garbers, Hendre. Melina, Giovanni. Departmental Papers; Departmental Paper ; No 2021/006 Full text available on IMF http://elibrary.imf.org/view/journals/087/2021/006/087.2021.issue-006-en.xml IMF e-Library