000 02471cam a22004094a 4500
001 1195
003 The World Bank
005 20260707185155.0
006 m d
007 cr cn|||||||||
008 020129s2002 dcu o i001 0 eng
020 _a0821353381
_c29.99 USD
020 _z9780821353387
024 8 _a10.1596/0-8213-5338-1
035 _a(The World Bank)1195
090 _c167637
_d138889
245 0 0 _aGlobal Economic Prospects 2003:
_h[electronic resource]
_bInvesting to Unlock Global Opportunities
260 _aWashington, D.C. :
_bThe World Bank,
_c2002
300 _a1 online resource (242 p.)
490 1 _aGlobal Economic Prospects
520 _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.
588 _aDescription based on print version record.
650 4 _aDebt Markets
650 4 _aEconomic Theory and Research
650 4 _aEmerging Markets
_9200764
650 4 _aFinance and Financial Sector Development
650 4 _aFinancial Literacy
650 4 _aInvestment and Investment Climate
_9204265
650 4 _aMacroeconomics and Economic Growth
650 4 _aPrivate Sector Development
710 2 _aWorld Bank
_92465
776 0 8 _aPrint Version:
_z9780821353387
830 0 _aGlobal Economic Prospects
_9204453
830 0 _aWorld Bank e-Library.
856 4 0 _uhttp://elibrary.worldbank.org/content/book/9780821353387
942 _cEBK
999 _c167637
_d138889