02359cam a22003734a 45000010005000000030015000050050017000200060019000370070015000560080041000710200026001120200018001380240026001560350025001822450101002072600046003083000031003544900030003855201110004155880047015256500017015726500033015896500021016226500045016436500023016886500038017116500039017496500031017887100015018197760034018348300030018688300026018988560061019241195The World Bank20260707185155.0m        d        cr cn|||||||||020129s2002    dcu     o    i001 0 eng    a0821353381c29.99 USD  z97808213533878 a10.1596/0-8213-5338-1  a(The World Bank)119500aGlobal Economic Prospects 2003:h[electronic resource]bInvesting to Unlock Global Opportunities  aWashington, D.C. :bThe World Bank,c2002  a1 online resource (242 p.)1 aGlobal Economic Prospects  aStrong cyclical dynamics, together with an easing of macroeconomic policies in the United States and elsewhere, have boosted large parts of the global economy, into the initial phase of a recovery in 2002. Nonetheless, the global recovery is fragile, because investment spending is insufficient to underpin continuing growth, although long-term prospects remain promising. Although global competition is creating new opportunities for developing countries, harnessing globalization requires reducing barriers to competition, using targeted interventions carefully, but essentially, supported by sound public investments. International agreements on investment, and competition policies can provide benefits through reciprocity, while agreements on investment policy are likely to have strong development effects, only if they deal with the big issues facing developing countries. Consequently, competition agreements should focus on restraints to competition that hurt developing countries: policy barriers in markets abroad; private restraints on competition; and, trade restraints officially sanctioned.  aDescription based on print version record. 4aDebt Markets 4aEconomic Theory and Research 4aEmerging Markets 4aFinance and Financial Sector Development 4aFinancial Literacy 4aInvestment and Investment Climate 4aMacroeconomics and Economic Growth 4aPrivate Sector Development2 aWorld Bank08aPrint Version:z9780821353387 0aGlobal Economic Prospects 0aWorld Bank e-Library.40uhttp://elibrary.worldbank.org/content/book/9780821353387