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The crisis hits home : stress-testing households in Europe and Central Asia (Vol. 1 of 2) (English)

The Europe and Central Asia (ECA) region has been hit by a crisis on multiple fronts. Countries in ECA are facing major, interrelated, external macro-financial shocks. The first is the global growth slowdown leading to falling export market demand. In addition, the prospects for inflows of remittances to low-income countries have been downgraded as economic activity in migrant host countries has declined. The second is the financial deleveraging by...
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Benjamin,Anna Iordanova; Levin,Victoria; Subbarao,Kalanidhi; Sugawara,Naotaka; Sulla,Victor; Taylor,Ashley D.; Tiongson,Erwin H. R..

The crisis hits home : stress-testing households in Europe and Central Asia (Vol. 1 of 2) (English). Washington, DC: World Bank. http://documents.worldbank.org/curated/en/347521468038144075

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