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Author: World Bank
Publisher: World Bank Publications
ISBN: 0821386921
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
Transition to a new world order with more diffuse distribution of economic power is under way. This first edition of a new World Bank flagship report, 'Global Development Horizons 2011', focuses on three major international economic trends: the shift in the balance of global growth from developed to emerging economies, the rise of emerging-market firms as a force in global business, and the evolution of the international monetary system toward a multicurrency regime. Pursuit of growth opportunities on a global level has meant that the international presence of emerging-market firms in cross-border production, trade, and finance has been on the rise for some time. Emerging and developing counties accounted for 46 percent of international trade flows in 2010, up from 30 percent in 1995. Cross-border mergers and acquisitions originated by firms based in emerging markets represent nearly one-third of global M and A transactions. The risk of investing in emerging economies has declined dramatically, while emerging economies’ financial assets and wealth have expanded: emerging and developing countries now hold three-fourth of all official foreign exchange reserves. Despite the large, rapidly growing size of emerging economies and the expanding international presence of emerging-market firms, the role of emerging economies in the international monetary system remains relatively insignificant. No emerging-market currency is used to a great extent in holding official reserves, invoicing goods and services, denominating international claims, or anchoring exchange rates. Virtually all developing countries are exposed to currency mismatch risk in their international trade, investment, and financing transactions. But it appears that this too will change in the coming years. Smoothing the transition to a multipolar monetary environment will be high on the agenda of policy makers, who will face major decisions about whether fundamental reform of the rules of the international monetary system is in order. The first edition of 'Global Development Horizons' consists of a hard-copy publication and a companion website (http://www.worldbank.org/GDH2011), the latter of which will include the report’s underlying data and methodology, blog postings, and background papers and will incorporate an interactive feature allowing users to explore the scenarios described in GDH 2011. In the future, the site will continue to contribute to international discourse on multipolarity by serving as a repository for related research papers and as a platform for interactive debate among academic, policy, and business institutions concerned with long-term global economic change and its implications for development policy.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821386921
Category : Business & Economics
Languages : en
Pages : 185
Get Book
Book Description
Transition to a new world order with more diffuse distribution of economic power is under way. This first edition of a new World Bank flagship report, 'Global Development Horizons 2011', focuses on three major international economic trends: the shift in the balance of global growth from developed to emerging economies, the rise of emerging-market firms as a force in global business, and the evolution of the international monetary system toward a multicurrency regime. Pursuit of growth opportunities on a global level has meant that the international presence of emerging-market firms in cross-border production, trade, and finance has been on the rise for some time. Emerging and developing counties accounted for 46 percent of international trade flows in 2010, up from 30 percent in 1995. Cross-border mergers and acquisitions originated by firms based in emerging markets represent nearly one-third of global M and A transactions. The risk of investing in emerging economies has declined dramatically, while emerging economies’ financial assets and wealth have expanded: emerging and developing countries now hold three-fourth of all official foreign exchange reserves. Despite the large, rapidly growing size of emerging economies and the expanding international presence of emerging-market firms, the role of emerging economies in the international monetary system remains relatively insignificant. No emerging-market currency is used to a great extent in holding official reserves, invoicing goods and services, denominating international claims, or anchoring exchange rates. Virtually all developing countries are exposed to currency mismatch risk in their international trade, investment, and financing transactions. But it appears that this too will change in the coming years. Smoothing the transition to a multipolar monetary environment will be high on the agenda of policy makers, who will face major decisions about whether fundamental reform of the rules of the international monetary system is in order. The first edition of 'Global Development Horizons' consists of a hard-copy publication and a companion website (http://www.worldbank.org/GDH2011), the latter of which will include the report’s underlying data and methodology, blog postings, and background papers and will incorporate an interactive feature allowing users to explore the scenarios described in GDH 2011. In the future, the site will continue to contribute to international discourse on multipolarity by serving as a repository for related research papers and as a platform for interactive debate among academic, policy, and business institutions concerned with long-term global economic change and its implications for development policy.
Author: World Bank
Publisher: World Bank Publications
ISBN: 082138693X
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
The first report in the new Global Development Horizons series looks at the multipolar global economy that is emerging and its implications for development, addressing the associated structural changes in growth dynamics, corporate investment, and international monetary and trade arrangements.
Author: Paul J. Gertler
Publisher: World Bank Publications
ISBN: 1464807809
Category : Business & Economics
Languages : en
Pages : 364
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Book Description
The second edition of the Impact Evaluation in Practice handbook is a comprehensive and accessible introduction to impact evaluation for policy makers and development practitioners. First published in 2011, it has been used widely across the development and academic communities. The book incorporates real-world examples to present practical guidelines for designing and implementing impact evaluations. Readers will gain an understanding of impact evaluations and the best ways to use them to design evidence-based policies and programs. The updated version covers the newest techniques for evaluating programs and includes state-of-the-art implementation advice, as well as an expanded set of examples and case studies that draw on recent development challenges. It also includes new material on research ethics and partnerships to conduct impact evaluation. The handbook is divided into four sections: Part One discusses what to evaluate and why; Part Two presents the main impact evaluation methods; Part Three addresses how to manage impact evaluations; Part Four reviews impact evaluation sampling and data collection. Case studies illustrate different applications of impact evaluations. The book links to complementary instructional material available online, including an applied case as well as questions and answers. The updated second edition will be a valuable resource for the international development community, universities, and policy makers looking to build better evidence around what works in development.
Author: The World Bank
Publisher: World Bank Publications
ISBN: 0821399551
Category : Business & Economics
Languages : en
Pages : 171
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Book Description
The gradual acceleration of growth in developing countries is a defining feature of the past two decades. This acceleration came with major shifts in patterns of investment, saving, and capital flows. This second volume in the Global Development Horizons series analyzes these shifts and explores how they may evolve through 2030. Average domestic saving in developing countries stood at 34 percent of their GDP in 2010, up from 24 percent in 1990, while their investment was around 33 percent of their GDP in 2012, up from 26 percent. These trends in saving and investment, along with higher growth rates in developing countries, have resulted in developing countries’ share of global savings now standing at 46 percent, nearly double the level of the 1990s. The presence of developing countries on the global stage will continue to expand over the next two decades. Analysis in this report projects that by 2030, China will account for 30 percent of global investment activity, far and away the largest share of any single country, while India and Brazil (at 7 percent and 3 percent) will account for shares comparable to those of the United States and Japan (11 percent and 5 percent). The complex interaction among aging, growth, and financial deepening can be expected to result in a world where developing countries will contribute 62 of every 100 dollars of world saving in 2030, up from 45 dollars in 2010, and where they account for between $6.2 trillion and $13 trillion of global gross capital flows, rising from $1.3 trillion in 2010. Trends in investment, saving, and capital flows through 2030 will affect economic conditions from the household level to the global macroeconomic level, with implications not only for national policy makers but also for international institutions and policy coordination. Policymakers preparing for this change will benefit from a better understanding of the unfolding dynamics of global capital and wealth in the future. This book is accompanied by a website, http://www.worldbank.org/CapitalForTheFuture, that includes a host of related electronic resources: data sets underlying the two main scenarios presented in the report, background papers, technical appendixes, interactive widgets with variations to some of the assumptions used in the projections, and related audio and video resources.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821384406
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
The 2011 WDR on Conflict, Security and Development underlines the devastating impact of persistent conflict on a country or region's development prospects - noting that the 1.5 billion people living in conflict-affected areas are twice as likely to be in poverty. Its goal is to contribute concrete, practical suggestions on conflict and fragility.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264113150
Category :
Languages : en
Pages : 263
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Book Description
This report analyses the impact of “Shifting wealth” on social cohesion, largely focusing on high-growth converging countries.
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821382268
Category : Business & Economics
Languages : en
Pages : 187
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Book Description
“The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international conditions in the years to come will mean that developing countries will have to place even more emphasis on improving domestic economic conditions to achieve the kind of growth that can durably eradicate poverty.� —Justin Yifu Lin, Chief Economist and Senior Vice President The World Bank 'Global Economic Prospects 2010: Crisis, Finance, and Growth' explores both the short- and medium-term impacts of the financial crisis on developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again. Even if, as appears likely, a double-dip recession is avoided, the recovery is expected to be slow. High unemployment and widespread restructuring will continue to characterize the global economy for the next several years. Already, the crisis has provoked large-scale human suffering. Some 64 million more people around the world are expected to be living on less than a $1.25 per day by the end of 2010, and between 30,000 and 50,000 more infants may have died of malnutrition in 2009 in Sub-Saharan Africa, than would have been the case if the crisis had not occurred. Over the medium term, economic growth is expected to recover. But increased risk aversion, a necessary and desirable tightening of financial regulations in high-income countries, and measures to reduce the exposure of developing economies to external shocks are likely to make finance scarcer and more costly than it was during the boom period. As a result, just as the ample liquidity of the early 2000s prompted an investment boom and an acceleration in developing-country potential output, higher costs will likely yield a slowing in developing-country potential growth rates of between 0.2 and 0.7 percentage points, and as much as an 8 percent decline in potential output over the medium term. In the longer term, however, developing countries can more than offset the implications of more expensive international finance by reducing the cost of capital channeled through their domestic financial markets. For more information, please visit www.worldbank.org/gep2010. To access Prospects for the Global Economy, an online companion publication, please visit www.worldbank.org/globaloutlook.
Author: Randall L. Schweller
Publisher: JHU Press
ISBN: 1421412772
Category : Political Science
Languages : en
Pages : 213
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Book Description
Mixing myth, entropy, and Angry Birds, Randall Schweller brings a novel perspective to international studies. Just what exactly will follow the American century? This is the question Randall L. Schweller explores in his provocative assessment of international politics in the twenty-first century. Schweller considers the future of world politics, correlating our reliance on technology and our multitasking, distracted, disorganized lives with a fragmenting world order. He combines the Greek myth of the Golden Apple of Discord, which explains the start of the Trojan War, with a look at the second law of thermodynamics, or entropy. "In the coming age,” Schweller writes, “disorder will reign supreme as the world succumbs to . . . entropy, an irreversible process of disorganization that governs the direction of all physical changes taking place in the universe.” Interweaving his theory of global disorder with issues on the world stage—coupled with a disquisition on board games and the cell phone app "Angry Birds"—Schweller’s thesis yields astonishing insights. Maxwell’s Demon and the Golden Apple will appeal to leaders of multinational corporations and government programs as well as instructors of undergraduate courses in international relations.
Author: Ricardo Hausmann
Publisher: MIT Press
ISBN: 0262317737
Category : Business & Economics
Languages : en
Pages : 369
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Book Description
Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.
Author: Mike Bradshaw
Publisher: Polity
ISBN: 0745650651
Category : Political Science
Languages : en
Pages : 243
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Book Description
Today’s global energy system faces two major challenges: how to secure the supply of reliable and affordable energy; and how to rapidly transform to a low-carbon, efficient and environmentally harmless energy supply. In this rigorous and illuminating book, Michael Bradshaw explores the key aspects of the current global energy dilemma and examines how it is playing out across the major regions and countries of the world. The book begins by charting the development of the current global energy system - exploring its key characteristics with a focus upon energy security and the relationship between energy, economic development and climate change. The next four chapters offer in-depth analyses of four distinct global energy dilemmas in different parts of the world: the challenge of sustaining affluence and decarbonising energy services in the high-energy economies of the developed world; the legacies of the centrally planned economy and the consequences of liberalisation in the post-socialist world; growing energy demand and emissions growth associated with the emerging regions; and finally, the quest to provide universal access to modern energy services in the developing world in a manner that is both economically and environmentally sustainable. Identifying the governance structures and policy options available to tackle the global energy dilemma, the book concludes that only an integrated approach - sensitive to regional issues - can reconcile the interests and needs of those facing differing energy challenges across the world today.
