Title Page -- Copyright -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Overview -- The acute phase of the crisis is over -- Impact of the boom period on developing-country potential -- Medium-term implications of the bust for finance in developing countries -- Medium-term impact on the supply potential of developing countries -- Conclusion -- References -- Chapter 1 Prospects for Developing Economies -- Recent developments in financial markets -- Global growth -- Prospects for high-income countries -- Prospects for developing economies -- Regional outlooks -- Commodity markets -- Inflation -- World trade -- Narrowing global external payment imbalances -- Uncertain prospects -- The impact of the crisis on the very poor -- Policy implications for developing countries -- Notes -- References -- Chapter 2 The Impact of the Boom in Global Finance on Developing Countries -- Financial innovation, high-income finance, and the liquidity boom -- Novel channels for credit creation -- Developing-country finance during the boom -- Real-side consequences of the surge in global finance -- Concluding remarks -- Notes -- References -- Chapter 3 Medium-Term Impacts of the Crisis on Finance and Growth in Developing Countries -- The impact of post-crisis regulatory and structural changes -- Implications of a potential developing-country retreat from financial integration -- The impact of higher borrowing costs -- Strategies for dealing with a weaker international finance system -- Implications for the global balance between savings and investment -- Conclusion -- Notes -- References -- Appendix: Regional Economic Prospects -- East Asia and the Pacific -- Europe and Central Asia -- Latin America and the Caribbean -- Middle East and North Africa -- South Asia -- Sub-Saharan Africa -- Notes -- References -- Back cover.