World Development Report 1983

This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world econom...

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Main Author: World Bank
Language:English
Published: New York: Oxford University Press 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5966
id okr-10986-5966
recordtype oai_dc
spelling okr-10986-59662021-04-23T14:02:24Z World Development Report 1983 World Bank developing countries economic development financial crisis financial system future prospects industrial countries international economy skill shortages World Development Indicators world economy This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world economy foreseen in last year's World Development Report did not materialize. The recession has lasted longer than expected and has set back global development more decisively than at any time since the Great Depression. The indications of an upturn are now firmer, but the international financial system remains severely strained and protectionism continues to be an ominous threat. This report reviews how alternative policies may affect the future prospects for recovery. It concludes that the present financial crisis is manageable, provided concerted efforts are made both nationally and internationally. It is essential for the industrial countries to maintain the momentum of their recovery, to promote freer trade, and to ensure growth in capital flows. Equally important, developing countries must for their part continue their efforts to adjust their economies to the new external circumstances and thereby regain the confidence of their creditors. 2012-04-06T19:44:17Z 2012-04-06T19:44:17Z 1983 0-19-520432-8 978-0-19-520432-2 0163-5085 http://hdl.handle.net/10986/5966 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank New York: Oxford University Press
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic developing countries
economic development
financial crisis
financial system
future prospects
industrial countries
international economy
skill shortages
World Development Indicators
world economy
spellingShingle developing countries
economic development
financial crisis
financial system
future prospects
industrial countries
international economy
skill shortages
World Development Indicators
world economy
World Bank
World Development Report 1983
description This report is the sixth in an annual series assessing development issues. It reviews recent trends in the international economy and their implications for the developing countries with a special focus on the management and institutional aspects of development. The early recovery in the world economy foreseen in last year's World Development Report did not materialize. The recession has lasted longer than expected and has set back global development more decisively than at any time since the Great Depression. The indications of an upturn are now firmer, but the international financial system remains severely strained and protectionism continues to be an ominous threat. This report reviews how alternative policies may affect the future prospects for recovery. It concludes that the present financial crisis is manageable, provided concerted efforts are made both nationally and internationally. It is essential for the industrial countries to maintain the momentum of their recovery, to promote freer trade, and to ensure growth in capital flows. Equally important, developing countries must for their part continue their efforts to adjust their economies to the new external circumstances and thereby regain the confidence of their creditors.
author World Bank
author_facet World Bank
author_sort World Bank
title World Development Report 1983
title_short World Development Report 1983
title_full World Development Report 1983
title_fullStr World Development Report 1983
title_full_unstemmed World Development Report 1983
title_sort world development report 1983
publisher New York: Oxford University Press
publishDate 2012
url http://hdl.handle.net/10986/5966
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