Global Economic Prospects and the Developing Countries 1998-99

The global economic crisis that began in Thailand on July 2, 1997, dominates the world economic scene for more than a year. Global Economic Prospects and the Developing Countries 1998/99 lays out the anatomy of the crisis, and assesses both the short- and long-term outlooks for the world economy and...

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Bibliographic Details
Main Author: World Bank
Language:English
Published: Washington, DC: World Bank 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/600471468127172589/Global-economic-prospects-and-the-developing-countries-1998-1999-beyond-financial-crisis
http://hdl.handle.net/10986/32393
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Summary:The global economic crisis that began in Thailand on July 2, 1997, dominates the world economic scene for more than a year. Global Economic Prospects and the Developing Countries 1998/99 lays out the anatomy of the crisis, and assesses both the short- and long-term outlooks for the world economy and developing countries in the aftermath of the crisis. There is not unanimity on many key issues, yet Chapters 2 and 3 represent the World Bank’s interim research findings. The report aims to identify areas where there is and where there is not a consensus; and when there is not, trying to identify the reasons, whether it is alternative models of the economy or interpretations of the evidence.