Global Economic Prospects 2007: Managing the Next Wave of GlobalizationWorld 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." |
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Page iv
... exports exceed those of the United States 19 1.15 Diverging trends in commodity prices 20 1.16 Oil prices continue to rise 21 1.17 Higher prices slow oil demand 22 1.18 A disappointing supply response 22 1.19 Spare production capacity ...
... exports exceed those of the United States 19 1.15 Diverging trends in commodity prices 20 1.16 Oil prices continue to rise 21 1.17 Higher prices slow oil demand 22 1.18 A disappointing supply response 22 1.19 Spare production capacity ...
Page v
... exports of business services are growing rapidly Low - income countries depend heavily on import duties for tax revenues The SARS epidemic was contained in a matter of months 121 132 144 5.2 Total marine fish catch has leveled off 147 ...
... exports of business services are growing rapidly Low - income countries depend heavily on import duties for tax revenues The SARS epidemic was contained in a matter of months 121 132 144 5.2 Total marine fish catch has leveled off 147 ...
Page vi
... exports rise in line with goods exports 34 Country rankings - 1980-2005 40 2.3 3.1 3.2 Regional breakdown of poverty in developing countries The global middle class is growing , its composition changing Where the return to education is ...
... exports rise in line with goods exports 34 Country rankings - 1980-2005 40 2.3 3.1 3.2 Regional breakdown of poverty in developing countries The global middle class is growing , its composition changing Where the return to education is ...
Page xii
... exporters and in Europe ( as Europeans prepare to meet the challenges of their aging societies ) are ex- pected to ... exporting countries and East Asia could also be disruptive if sudden movements in capital markets , per- haps abetted ...
... exporters and in Europe ( as Europeans prepare to meet the challenges of their aging societies ) are ex- pected to ... exporting countries and East Asia could also be disruptive if sudden movements in capital markets , per- haps abetted ...
Page xiv
... exports as world trade outpaces other sources of growth Export - to - GDP share ( % ) 40 35 35 30 25 20 25 20 15 10 5 0 Projected 1970 1975 1980 1985 1990 1995 2000 2005 * 2010 * 2015 * 2020 * 2025 * 2030 * Sources : Development Data ...
... exports as world trade outpaces other sources of growth Export - to - GDP share ( % ) 40 35 35 30 25 20 25 20 15 10 5 0 Projected 1970 1975 1980 1985 1990 1995 2000 2005 * 2010 * 2015 * 2020 * 2025 * 2030 * Sources : Development Data ...
Common terms and phrases
agricultural average avian flu Brazil capita income capital Caribbean Central Asia China China and India climate change competition costs crease Current account balance/GDP decile decline demand demographic devel developing coun developing countries developing-country domestic East and North East Asia Economic effects employment estimated Europe and Central exports factors figure fish fisheries forecast GDP at market GDP deflator Gini coefficient 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 markets Latin America long-term market prices 2000 ment Middle East migration million North Africa OECD oil prices poor population potential poverty production projected reduce regions relative rise risk sectors share skilled workers South Asia Sub-Saharan Africa tion tional trade trends U.S. dollars United US$)b Current account wages World Bank
Popular passages
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 xxvii - Fund newly industrializing economies official development assistance Organisation for Economic Co-operation and Development Organization of the Petroleum Exporting Countries...
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.