Description: Global Economic Prospects and the Developing Countries 1997

Global Economic Prospects and the Developing Countries 1997

The year’s report projects an increase in the growth rate of global output, with notable contributions from Sub-Saharan Africa, the developing countries of Europe and Central Asian, and East Asian countries. This report places special emphasis on the role of the “Big 5” developing and transition eco...

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Bibliographic Details
Main Author:	World Bank
Language:	English
Published:	Washington, DC: World Bank 2019
Subjects:	ADVANCED COUNTRIES AGRICULTURE ANNUAL GROWTH BALANCE SHEETS BANKING SYSTEMS BUDGET DEFICITS BUSINESS CYCLE CAPITAL FLOWS CAPITAL INFLOWS CD CENTRAL BANKS COMPARATIVE ADVANTAGE CONSUMER PRICE INDEX CPI CURRENT ACCOUNT DEBT DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING REGIONS DEVELOPMENT ASSISTANCE DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGY ECONOMIC COOPERATION ECONOMIC ENVIRONMENT ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC STABILIZATION ELECTRICITY GENERATION EMPIRICAL ESTIMATES ENVIRONMENTAL POLICIES EXCHANGE RATE EXCHANGE RATES EXPORTS EXTERNAL ENVIRONMENT EXTERNAL SHOCKS FACTOR MARKETS FINANCIAL SECTOR FOOD PRICES FREE TRADE GDP GLOBAL CONDITIONS GLOBAL ECONOMY GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT GROWTH GROWTH RATE GROWTH RATES HIGH PRIORITY HUMAN CAPITAL IMPORTS INCOME INCOME GROWTH INDIVIDUAL COUNTRIES INDUSTRIAL COUNTRIES INFLATION INFLATION RATE INFLATIONARY PRESSURES INTEREST RATES INTERNATIONAL TRADE LABOR FORCE LABOR MARKET LABOR MARKETS LOCAL CURRENCY LONG RUN LOW INFLATION LOW INTEREST RATES LOW-INCOME COUNTRIES MACROECONOMIC CONDITIONS MACROECONOMIC INSTABILITY MARKET PRICES MIDDLE-INCOME COUNTRIES MONETARY POLICIES MONETARY POLICY MOV MULTILATERAL TRADE NATURAL RESOURCES NON-OECD COUNTRIES OPEC OUTPUT GROWTH PER CAPITA INCOME POLICY ENVIRONMENT POLICY IMPLICATIONS POLICY ISSUES POLICY REFORMS POLITICAL ECONOMY POOR COUNTRIES POVERTY REDUCTION PRICE INDEXES PRIVATE COSTS PRIVATE INVESTMENT PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROTECTIONISM PUBLIC INVESTMENT PURCHASING POWER PURCHASING POWER PARITY RAPID GROWTH REAL GDP REAL INTEREST REAL INTEREST RATES REAL WAGES RELATIVE PRICES RESOURCE ALLOCATION SAFETY NET SHORT-TERM INTEREST RATES SIGNIFICANT FACTOR SKILLED WORKERS SOCIAL COSTS STABLE INFLATION STATE-OWNED ENTERPRISES STRUCTURAL REFORMS STRUCTURAL UNEMPLOYMENT SUSTAINED GROWTH TELECOMMUNICATIONS TERMS OF TRADE TRADE REFORMS TRADE VOLUMES TRANSITION ECONOMIES TRANSITION PROCESS UNEMPLOYMENT UNEMPLOYMENT RATES UNSKILLED LABOR VALUE ADDED WAGES WELFARE GAINS WORLD ECONOMY WORLD TRADE ORGANIZATION WTO CAPITAL MOVEMENTS TRADE LIBERALIZATION FOREIGN DIRECT INVESTMENT GLOBALIZATION ECONOMIC OUTLOOK COMMODITY PRICES
Online Access:	http://documents.worldbank.org/curated/en/650721468774883393/Global-economic-prospects-and-the-developing-countries-1997 http://hdl.handle.net/10986/32392

Description
Summary:	The year’s report projects an increase in the growth rate of global output, with notable contributions from Sub-Saharan Africa, the developing countries of Europe and Central Asian, and East Asian countries. This report places special emphasis on the role of the “Big 5” developing and transition economies – China, India, Indonesia, Brazil, and Russia – in the future of the global economy. In addition to assessing the current state of the world economy, this report discusses the expansion of global production and the costs of making the transition to a more open economy

Global Economic Prospects and the Developing Countries 1997

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