Download Global Economic Prospects 2004: Realizing the Development by World Bank PDF

By World Bank

The Doha improvement schedule of the Fourth Ministerial convention of the WTO opened many contentious and significant questions. 'Global financial customers 2004' analyzes the main severe multilateral exchange concerns and indicates coverage recommendations that will elevate dwelling criteria in constructing nations and decrease worldwide poverty. The fourteenth annual variation of 'Global monetary Prospects': • explores the short-, medium-, and long term outlook for the worldwide financial system, together with riding forces, commodity costs, and capital flows, and their implications for significant areas. • experiences fresh tendencies in exports from constructing international locations, alternate obstacles that paintings to the downside of bad humans, and guidelines to minimize defense and different inequities on this planet buying and selling approach. • examines exchange in agriculture—the most vital and politically contentious region for worldwide poverty reduction—including key classes from improvement event, attainable adjustments to the present approach of subsidies and safeguard, and the opportunity of liberalization in either wealthy and terrible international locations. • investigates the transitority stream of labor—so-called Mode four of the overall contract on alternate in Services—evaluating its merits and drawbacks to either the house and the host nations. • discusses alternate facilitation in gentle of post-9/11 issues for safety to signify new regulations that may advertise larger and more-secure exchange. • experiences the precise therapy of constructing nations on this planet buying and selling process and the function of alternate personal tastes, exemptions from WTO ideas, and technical counsel to enforce WTO alternate laws. 'Global fiscal clients 2004' offers crucial details for these eager about advancements shaping modern-day international financial system.

Show description

Read or Download Global Economic Prospects 2004: Realizing the Development Promise of the Doha Agenda (Global Economic Prospects and the Developing Countries) PDF

Best economy books

A Fire in the Sun (The second book in the Marid Audran series)

Marid Audran has turn into every thing he as soon as despised. no longer see you later in the past, he used to be a hustler within the Budayeen, an Arabian ghetto in a Balkanized destiny Earth. again then, as frequently as no longer, he did not have the cash to shop for himself a drink. yet he had his independence. Now Marid works for Friedlander Bey, "godfather" of the Budayeen, a guy whose strength stretches throughout a shattered, crumbling international.

The Economics of Innovation (Critical Concepts in Economics)

The Economics of Innovation is a brand new identify within the Routledge significant Works sequence, serious innovations in Economics. Edited by way of Cristiano Antonelli, a number one pupil within the box, it's a four-volume selection of canonical and the simplest state-of-the-art learn. Many may argue that the economics of innovation is based at the paintings of Joseph Schumpeter (1883–1950), even though its origins can be traced to the writings of Adam Smith (1723–90) and Karl Marx (1818–83).

The Economics of Uncertainty. (PSME-2)

The outline for this e-book, The Economics of Uncertainty. (PSME-2), can be imminent.

Additional resources for Global Economic Prospects 2004: Realizing the Development Promise of the Doha Agenda (Global Economic Prospects and the Developing Countries)

Example text

Debt rates stabilizing over the last quarters of 2002 and the first of 2003—a positive sign that adjustment efforts are beginning to yield fruit. Corporate profits fell 10 percent in the United States in 2001, while those of Japanese manufacturers plummeted 48 percent, reflecting onset of recession. The tortuous road toward restoration of profit growth has involved substantial cuts to capital spending and to employment over the last years. However, there is evidence that profits are staging recoveries in the United States and Japan, as well as in several sectors of industry in Europe.

The recovery that began in early 2002 faltered after the summer of that year as the rebound in investment showed signs of weakness. 5 United States Japan Sources: National agencies and Eurostat. 2 OECD manufacturing shows a distinct “double dip” Manufacturing IP, 3-month/3-month, percent change, saar Japan 15 ᮡ Euro Area ᮡ 10 5 0 ᮡ –5 United States –10 –15 –20 Jan. 2000 April 2000 July 2000 Oct. 2000 Jan. 2001 April 2001 July 2001 Oct. 2001 Jan. 2002 April 2002 July 2002 Oct. 2002 Jan. 2003 April 2003 Sources: National agencies and Eurostat.

Dollar against the euro in the last 18 months represents at least a partial adjustment. Structural reforms could boost confidence With scope for additional macroeconomic stimulus fading, the focus of policy in the rich countries should arguably shift toward structural reforms that help restore business and consumer confidence. These could include efforts to resolve the nonperforming loan problem in the Japanese banking system and to achieve positive inflation rates there; addressing corporate governance and related issues in the United States, and needed labor market reforms in Europe.

Download PDF sample

Rated 4.09 of 5 – based on 13 votes