Global Economic Prospects 2007: Managing the Next Wave of Globalization
World Bank Publications, 2006 - 216 pages
Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
agricultural average avian flu capital carbon central scenario China China and India climate change competition costs crease Current account balance/GDP decile decline demand demographic dependency ratios devel developing coun developing countries developing-country domestic East Asia Economic effects employment estimated Europe and Central European Union example exports factors forecast GDP at market GDP deflator GHG emissions global economy global middle class global sourcing growth rates high-income countries higher household impact important improve income distribution increase India industrial innovation institutions interest rates investment Kyoto Protocol labor force labor market Latin America long-term market prices 2000 ment migration million OECD oil prices output percent in 2006 poor population potential poverty production projected reduce regions relative rise risk sectors share skilled workers sourcing of services South Asia Sub-Saharan Africa tion tional trade trends U.S. dollars United unskilled US$)b Current account wages World Bank
Page 60 - East Asia and the Pacific, Europe and Central Asia, Latin America and the Caribbean, the Middle East and North Africa, South Asia, and Sub-Saharan Africa.
Page 152 - Magnitude of response 002 emissions peak 0 to 100 years Time taken to reach equilibrium Sea-level rise due to ice melting: several millennia Sea-level rise due to thermal expansion: centuries to millennia Temperature stabilization: a few centuries C02 stabilization: 100 to 300 years...
Page 166 - World Wildlife Fund (2001), Hard Facts, Hidden Problems: A Review of Current Data on Fisheries Subsidies, World Wildlife Fund, Washington, DC. Young, CE, M. Gehlar, F. Nelson, ME Burfisher et L.
Page 117 - social infrastructure" is primarily related to the effectiveness of institutions and government policies that make up the economic environment within which individuals and firms make investments, create and transfer ideas, and produce goods and services.
Page 31 - States has moved away from its former insistence on multilateralism and on the General Agreement on Tariffs and Trade (GATT), now the World Trade Organization (WTO), as the unique forum of trade negotiation.
Page 3 - PPP — purchasing power parity; e — estimate; f — forecast; — = not available. a. Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States. b. In local currency, aggregated using 2000 GDP weights. c. Simple average of Dubai, Brent, and West Texas Intermediate. d. Unit value index of manufactured exports from major economies, expressed in US dollars. e. GDP in 2000 constant dollars; 2000 prices and market exchange rates. f. GDP measured at 2000 PPP weights. Global conditions...
Page 97 - Declining International Inequality and Economic Divergence: Reviewing the Evidence through Different Lenses.
Page 138 - Paris. Jaumotte, F. and N. Pain (2005b), "An Overview of Public Policies to Support Innovation", OECD Economics Department Working Paper, Paris.
Page 165 - BOVENBERG, AL and LH GOULDER (2000), "Neutralizing the adverse industry impact of CO2 abatement policies: what does it cost?", NBER Working Paper Series, Working Paper 7654. BURNIAUX, JM and J. OLIVEIRA MARTINS (2000), "Carbon emission leakages: a general equilibrium view", OECD Economics Department Working Papers, No.