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recordtype oai_dc
spelling okr-10986-114802021-06-14T11:03:15Z Global Development Finance Projects Slow Growth for 1999 Aiyar, Swaminathan S. Brahmbhatt, Milan DEVELOPMENT FINANCE GLOBAL MARKET FORECASTS ECONOMIC GROWTH DEVELOPING COUNTRIES INDUSTRIALIZED SOCIETIES INTERNATIONAL TRADE CAPITAL FLOWS COMMODITY PRICES EMERGING ECONOMIES FINANCIAL CRISES EXPORT PRICES PERFORMANCE INDICATORS RISK ASSESSMENTS PROTECTIONIST MEASURES ECONOMIC CONTRACTION BALANCE OF PAYMENTS BANK LOANS CAPITAL FLOWS DEBT DEVALUATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING REGIONS DEVELOPMENT ECONOMICS DIVERGENCE ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC MANAGEMENT ECONOMIC POLICY EXPORT GROWTH EXPORTS FACTOR ENDOWMENTS FINANCIAL CRISES FINANCIAL CRISIS FORECASTS GDP GROWTH PROSPECTS GROWTH RATES IMPORTS INCOME INFLATION INTEREST RATE INTEREST RATES MEDIUM TERM MONETARY POLICIES NORTH AFRICA OIL OIL PRICES PAYMENTS CRISIS POINT POLICY REFORMS POVERTY REDUCTION PRODUCERS PURCHASING POWER REAL GDP REMITTANCES SAVINGS TERMS OF TRADE TRADE POLICIES WEATHER PATTERNS WESTERN EUROPE The growth prospects of developing countries have worsened over the past six months, world trade growth has slowed, capital flows are unlikely to recover to pre-crisis levels in the near term, and, commodity prices are weak. This note reviews the reduced access to international capital flows by most emerging countries, as a result of the financial crises, while dollar export prices for developing countries fell eleven percent in 1998, with both primary commodities, and manufactures suffering. As a result, world trade fell one percent in current dollars in 1998, the first decline since 1993, while global trade volume in goods, grew only four to five percent in 1998, the slowest advance since 1992, barely half the performance in 1997. The note provides an outlook for developing regions, with expected differences in performance between regions, noting significant downside risks to even this somber outlook, and, predicts potential revival of protectionist sentiments in the United States, and Europe, should economic activity contract. 2012-08-13T15:11:15Z 2012-08-13T15:11:15Z 1999-05 http://documents.worldbank.org/curated/en/1999/05/717481/global-development-finance-projects-slow-growth-1999 http://hdl.handle.net/10986/11480 English PREM Notes; No. 21 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEVELOPMENT FINANCE
GLOBAL MARKET
FORECASTS
ECONOMIC GROWTH
DEVELOPING COUNTRIES
INDUSTRIALIZED SOCIETIES
INTERNATIONAL TRADE
CAPITAL FLOWS
COMMODITY PRICES
EMERGING ECONOMIES
FINANCIAL CRISES
EXPORT PRICES
PERFORMANCE INDICATORS
RISK ASSESSMENTS
PROTECTIONIST MEASURES
ECONOMIC CONTRACTION BALANCE OF PAYMENTS
BANK LOANS
CAPITAL FLOWS
DEBT
DEVALUATION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING REGIONS
DEVELOPMENT ECONOMICS
DIVERGENCE
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIC POLICY
EXPORT GROWTH
EXPORTS
FACTOR ENDOWMENTS
FINANCIAL CRISES
FINANCIAL CRISIS
FORECASTS
GDP
GROWTH PROSPECTS
GROWTH RATES
IMPORTS
INCOME
INFLATION
INTEREST RATE
INTEREST RATES
MEDIUM TERM
MONETARY POLICIES
NORTH AFRICA
OIL
OIL PRICES
PAYMENTS CRISIS
POINT
POLICY REFORMS
POVERTY REDUCTION
PRODUCERS
PURCHASING POWER
REAL GDP
REMITTANCES
SAVINGS
TERMS OF TRADE
TRADE POLICIES
WEATHER PATTERNS
WESTERN EUROPE
spellingShingle DEVELOPMENT FINANCE
GLOBAL MARKET
FORECASTS
ECONOMIC GROWTH
DEVELOPING COUNTRIES
INDUSTRIALIZED SOCIETIES
INTERNATIONAL TRADE
CAPITAL FLOWS
COMMODITY PRICES
EMERGING ECONOMIES
FINANCIAL CRISES
EXPORT PRICES
PERFORMANCE INDICATORS
RISK ASSESSMENTS
PROTECTIONIST MEASURES
ECONOMIC CONTRACTION BALANCE OF PAYMENTS
BANK LOANS
CAPITAL FLOWS
DEBT
DEVALUATION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING REGIONS
DEVELOPMENT ECONOMICS
DIVERGENCE
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC MANAGEMENT
ECONOMIC POLICY
EXPORT GROWTH
EXPORTS
FACTOR ENDOWMENTS
FINANCIAL CRISES
FINANCIAL CRISIS
FORECASTS
GDP
GROWTH PROSPECTS
GROWTH RATES
IMPORTS
INCOME
INFLATION
INTEREST RATE
INTEREST RATES
MEDIUM TERM
MONETARY POLICIES
NORTH AFRICA
OIL
OIL PRICES
PAYMENTS CRISIS
POINT
POLICY REFORMS
POVERTY REDUCTION
PRODUCERS
PURCHASING POWER
REAL GDP
REMITTANCES
SAVINGS
TERMS OF TRADE
TRADE POLICIES
WEATHER PATTERNS
WESTERN EUROPE
Aiyar, Swaminathan S.
Brahmbhatt, Milan
Global Development Finance Projects Slow Growth for 1999
relation PREM Notes; No. 21
description The growth prospects of developing countries have worsened over the past six months, world trade growth has slowed, capital flows are unlikely to recover to pre-crisis levels in the near term, and, commodity prices are weak. This note reviews the reduced access to international capital flows by most emerging countries, as a result of the financial crises, while dollar export prices for developing countries fell eleven percent in 1998, with both primary commodities, and manufactures suffering. As a result, world trade fell one percent in current dollars in 1998, the first decline since 1993, while global trade volume in goods, grew only four to five percent in 1998, the slowest advance since 1992, barely half the performance in 1997. The note provides an outlook for developing regions, with expected differences in performance between regions, noting significant downside risks to even this somber outlook, and, predicts potential revival of protectionist sentiments in the United States, and Europe, should economic activity contract.
format Publications & Research :: Brief
author Aiyar, Swaminathan S.
Brahmbhatt, Milan
author_facet Aiyar, Swaminathan S.
Brahmbhatt, Milan
author_sort Aiyar, Swaminathan S.
title Global Development Finance Projects Slow Growth for 1999
title_short Global Development Finance Projects Slow Growth for 1999
title_full Global Development Finance Projects Slow Growth for 1999
title_fullStr Global Development Finance Projects Slow Growth for 1999
title_full_unstemmed Global Development Finance Projects Slow Growth for 1999
title_sort global development finance projects slow growth for 1999
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/1999/05/717481/global-development-finance-projects-slow-growth-1999
http://hdl.handle.net/10986/11480
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