Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities
Strong 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 fragil...
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| Format: | Publication |
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Washington, DC
2013
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| Online Access: | http://hdl.handle.net/10986/14781 |
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okr-10986-14781 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
Economic aspects International trade Economic regulation Globalization Global market Cyclical swings Macroeconomic policy Economic recovery Investments Investment barriers Economic growth Competition (economic) Developing countries Competitive equilibrium Trade barriers Public investments International agreements Investment policy Competition policy Reciprocity Private capital flows Restrictive business practices agricultural subsidies agriculture antitrust laws Barriers to entry bilateral investment bilateral investment treaties bonds border protection capital flows Capital inflows capital markets Cartel cartels collaboration competition law competition policies competition policy competitive forces consumers Cross-border trade customs debt deflation demographics developed countries Development Economics development strategy dividends domestic fixed investment domestic investment domestic law domestic market durable goods Economic Analysis economic growth economic impact economic performance Economists export cartels export growth export sectors Exports externalities financial markets Financial Sector financial system foreign capital foreign companies foreign direct investment foreign investment foreign investors Free Trade Free Trade Agreement GDP Global competition global economy Global effects Global production gross domestic product growth rates human capital Import competition imports income income countries industrial economies Intellectual Property Intellectual Property Rights interest rates International Agreements international community International Competition International cooperation international investment international markets International Trade Investment climate investment climates Investment Disputes investment flows Investment growth investment incentives Investment Measures investment policies investment policy investment spending investment treaties investor protections learning legal status literacy Low-income countries macroeconomic policies market access market countries market share mergers monopolies Multilateral Agreement multinational companies national policies natural resources Non-oil commodities oil Oil prices phones price effects private investment Private sector producers production networks Productivity productivity growth Productivity increases Profitability property rights public sector quotas reducing barriers reform programs regional trade restrictions savings structural change structural shifts subsidiary rights sustainable development Tariff rates Technological progress telephone services trade trade barriers trade bloc Trade Law trade negotiations trade rebounds Trade restrictions tradeoffs trading system transparency transport costs trough unilateral reforms world economy world exports World trade World Trade Organization WTO |
| spellingShingle |
Economic aspects International trade Economic regulation Globalization Global market Cyclical swings Macroeconomic policy Economic recovery Investments Investment barriers Economic growth Competition (economic) Developing countries Competitive equilibrium Trade barriers Public investments International agreements Investment policy Competition policy Reciprocity Private capital flows Restrictive business practices agricultural subsidies agriculture antitrust laws Barriers to entry bilateral investment bilateral investment treaties bonds border protection capital flows Capital inflows capital markets Cartel cartels collaboration competition law competition policies competition policy competitive forces consumers Cross-border trade customs debt deflation demographics developed countries Development Economics development strategy dividends domestic fixed investment domestic investment domestic law domestic market durable goods Economic Analysis economic growth economic impact economic performance Economists export cartels export growth export sectors Exports externalities financial markets Financial Sector financial system foreign capital foreign companies foreign direct investment foreign investment foreign investors Free Trade Free Trade Agreement GDP Global competition global economy Global effects Global production gross domestic product growth rates human capital Import competition imports income income countries industrial economies Intellectual Property Intellectual Property Rights interest rates International Agreements international community International Competition International cooperation international investment international markets International Trade Investment climate investment climates Investment Disputes investment flows Investment growth investment incentives Investment Measures investment policies investment policy investment spending investment treaties investor protections learning legal status literacy Low-income countries macroeconomic policies market access market countries market share mergers monopolies Multilateral Agreement multinational companies national policies natural resources Non-oil commodities oil Oil prices phones price effects private investment Private sector producers production networks Productivity productivity growth Productivity increases Profitability property rights public sector quotas reducing barriers reform programs regional trade restrictions savings structural change structural shifts subsidiary rights sustainable development Tariff rates Technological progress telephone services trade trade barriers trade bloc Trade Law trade negotiations trade rebounds Trade restrictions tradeoffs trading system transparency transport costs trough unilateral reforms world economy world exports World trade World Trade Organization WTO World Bank Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| description |
Strong 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. |
| format |
Publications & Research :: Publication |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| title_short |
Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| title_full |
Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| title_fullStr |
Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| title_full_unstemmed |
Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities |
| title_sort |
global economic prospects and the developing countries 2003 : investing to unlock global opportunities |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/14781 |
| _version_ |
1764430951785431040 |
| spelling |
okr-10986-147812021-04-23T14:03:21Z Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities World Bank Economic aspects International trade Economic regulation Globalization Global market Cyclical swings Macroeconomic policy Economic recovery Investments Investment barriers Economic growth Competition (economic) Developing countries Competitive equilibrium Trade barriers Public investments International agreements Investment policy Competition policy Reciprocity Private capital flows Restrictive business practices agricultural subsidies agriculture antitrust laws Barriers to entry bilateral investment bilateral investment treaties bonds border protection capital flows Capital inflows capital markets Cartel cartels collaboration competition law competition policies competition policy competitive forces consumers Cross-border trade customs debt deflation demographics developed countries Development Economics development strategy dividends domestic fixed investment domestic investment domestic law domestic market durable goods Economic Analysis economic growth economic impact economic performance Economists export cartels export growth export sectors Exports externalities financial markets Financial Sector financial system foreign capital foreign companies foreign direct investment foreign investment foreign investors Free Trade Free Trade Agreement GDP Global competition global economy Global effects Global production gross domestic product growth rates human capital Import competition imports income income countries industrial economies Intellectual Property Intellectual Property Rights interest rates International Agreements international community International Competition International cooperation international investment international markets International Trade Investment climate investment climates Investment Disputes investment flows Investment growth investment incentives Investment Measures investment policies investment policy investment spending investment treaties investor protections learning legal status literacy Low-income countries macroeconomic policies market access market countries market share mergers monopolies Multilateral Agreement multinational companies national policies natural resources Non-oil commodities oil Oil prices phones price effects private investment Private sector producers production networks Productivity productivity growth Productivity increases Profitability property rights public sector quotas reducing barriers reform programs regional trade restrictions savings structural change structural shifts subsidiary rights sustainable development Tariff rates Technological progress telephone services trade trade barriers trade bloc Trade Law trade negotiations trade rebounds Trade restrictions tradeoffs trading system transparency transport costs trough unilateral reforms world economy world exports World trade World Trade Organization WTO Strong 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. 2013-08-02T22:09:23Z 2013-08-02T22:09:23Z 2003-01-31 0-8213-5338-1 1014-8906 http://hdl.handle.net/10986/14781 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research :: Publication Publications & Research |