Global Economic Prospects Projects Soft Landing
The World Bank's just-released "Global Economic Prospects and the Developing Countries 2001" reports that developing country growth surged to 5.3 percent in 2000, up from 3.2 percent in 1999 and 1.0 percent in 1998. All developing re...
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2001/02/1643379/global-economic-prospects-projects-soft-landing http://hdl.handle.net/10986/11402 |
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okr-10986-114022021-06-14T11:01:52Z Global Economic Prospects Projects Soft Landing Aiyar, Swaminathan AGING AGRICULTURE AVERAGE GROWTH BUDGET DEFICITS CAPITAL FLOWS COMPARATIVE ADVANTAGE DEBT DEREGULATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING REGIONS DEVELOPMENT ECONOMICS DIVERSIFICATION ECONOMIC MANAGEMENT EMPLOYMENT EXPORT GROWTH EXPORTS FINANCIAL CRISIS FORECASTS GDP GDP PER CAPITA IMPORTS INCOME INFLATION INTEREST RATES INTERNATIONAL TRADE LABOR MARKETS LONG-TERM GROWTH LOW INFLATION METALS MULTILATERAL TRADE OIL OIL EXPORTERS OIL PRICES PER CAPITA GROWTH PER CAPITA INCOME POVERTY REDUCTION PRODUCERS PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC INVESTMENT REDUCING POVERTY REMITTANCES SAVINGS TERMS OF TRADE TRADE LIBERALIZATION URUGUAY ROUND WEALTH WORLD ECONOMY INTERNATIONAL ECONOMICS ECONOMIC PROJECTIONS INTERNATIONAL TRADE CAPITAL FLOWS ECONOMIC GROWTH The World Bank's just-released "Global Economic Prospects and the Developing Countries 2001" reports that developing country growth surged to 5.3 percent in 2000, up from 3.2 percent in 1999 and 1.0 percent in 1998. All developing regions experienced faster growth, though to varying degrees. World growth is expected to slow to a soft landing in 2001, reflecting monetary tightening in industrial countries, stock market declines, and high energy prices. Looking ahead, the potential for long-term growth may have improved globally, improving prospects for reducing poverty. But there are notable risks to the outlook, including higher oil prices, further slides in stock markets, and a U.S. recession. These developments would seriously reduce developing countries' trade, growth, and access to capital. They could also worsen longer-term global performance if they lead countries to retreat from reform and openness. 2012-08-13T14:58:19Z 2012-08-13T14:58:19Z 2001-02 http://documents.worldbank.org/curated/en/2001/02/1643379/global-economic-prospects-projects-soft-landing http://hdl.handle.net/10986/11402 English PREM Notes; No. 52 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
language |
English |
topic |
AGING AGRICULTURE AVERAGE GROWTH BUDGET DEFICITS CAPITAL FLOWS COMPARATIVE ADVANTAGE DEBT DEREGULATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING REGIONS DEVELOPMENT ECONOMICS DIVERSIFICATION ECONOMIC MANAGEMENT EMPLOYMENT EXPORT GROWTH EXPORTS FINANCIAL CRISIS FORECASTS GDP GDP PER CAPITA IMPORTS INCOME INFLATION INTEREST RATES INTERNATIONAL TRADE LABOR MARKETS LONG-TERM GROWTH LOW INFLATION METALS MULTILATERAL TRADE OIL OIL EXPORTERS OIL PRICES PER CAPITA GROWTH PER CAPITA INCOME POVERTY REDUCTION PRODUCERS PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC INVESTMENT REDUCING POVERTY REMITTANCES SAVINGS TERMS OF TRADE TRADE LIBERALIZATION URUGUAY ROUND WEALTH WORLD ECONOMY INTERNATIONAL ECONOMICS ECONOMIC PROJECTIONS INTERNATIONAL TRADE CAPITAL FLOWS ECONOMIC GROWTH |
spellingShingle |
AGING AGRICULTURE AVERAGE GROWTH BUDGET DEFICITS CAPITAL FLOWS COMPARATIVE ADVANTAGE DEBT DEREGULATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING REGIONS DEVELOPMENT ECONOMICS DIVERSIFICATION ECONOMIC MANAGEMENT EMPLOYMENT EXPORT GROWTH EXPORTS FINANCIAL CRISIS FORECASTS GDP GDP PER CAPITA IMPORTS INCOME INFLATION INTEREST RATES INTERNATIONAL TRADE LABOR MARKETS LONG-TERM GROWTH LOW INFLATION METALS MULTILATERAL TRADE OIL OIL EXPORTERS OIL PRICES PER CAPITA GROWTH PER CAPITA INCOME POVERTY REDUCTION PRODUCERS PRODUCTION COSTS PRODUCTIVITY PRODUCTIVITY GROWTH PUBLIC INVESTMENT REDUCING POVERTY REMITTANCES SAVINGS TERMS OF TRADE TRADE LIBERALIZATION URUGUAY ROUND WEALTH WORLD ECONOMY INTERNATIONAL ECONOMICS ECONOMIC PROJECTIONS INTERNATIONAL TRADE CAPITAL FLOWS ECONOMIC GROWTH Aiyar, Swaminathan Global Economic Prospects Projects Soft Landing |
relation |
PREM Notes; No. 52 |
description |
The World Bank's just-released
"Global Economic Prospects and the Developing Countries
2001" reports that developing country growth surged to
5.3 percent in 2000, up from 3.2 percent in 1999 and 1.0
percent in 1998. All developing regions experienced faster
growth, though to varying degrees. World growth is expected
to slow to a soft landing in 2001, reflecting monetary
tightening in industrial countries, stock market declines,
and high energy prices. Looking ahead, the potential for
long-term growth may have improved globally, improving
prospects for reducing poverty. But there are notable risks
to the outlook, including higher oil prices, further slides
in stock markets, and a U.S. recession. These developments
would seriously reduce developing countries' trade,
growth, and access to capital. They could also worsen
longer-term global performance if they lead countries to
retreat from reform and openness. |
format |
Publications & Research :: Brief |
author |
Aiyar, Swaminathan |
author_facet |
Aiyar, Swaminathan |
author_sort |
Aiyar, Swaminathan |
title |
Global Economic Prospects Projects Soft Landing |
title_short |
Global Economic Prospects Projects Soft Landing |
title_full |
Global Economic Prospects Projects Soft Landing |
title_fullStr |
Global Economic Prospects Projects Soft Landing |
title_full_unstemmed |
Global Economic Prospects Projects Soft Landing |
title_sort |
global economic prospects projects soft landing |
publisher |
World Bank, Washington, DC |
publishDate |
2012 |
url |
http://documents.worldbank.org/curated/en/2001/02/1643379/global-economic-prospects-projects-soft-landing http://hdl.handle.net/10986/11402 |
_version_ |
1764416605042769920 |