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Global Economic Prospects and the Developing Countries 2002

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Global Economic Prospects and the Developing Countries 2002 reviews the global economic environment and its implications for the developing countries over the next decade. Realizing the promise of new global initiatives to expand trade requires concerted effort to move development to center stage in trade policy formulation. This report is dedicated to that agenda. It begins with a review of global prospects and ways globalization links the fates of industrial and developing countries. The report then considers issues in four broad areas that are particularly important to developing countries: merchandise trade, services, transport, and intellectual property rights. A final chapter summarizes the forward-looking policy agenda, and assesses the potential impact of further global integration and more rapid growth for the standards of living in poor countries everywhere.



The World Bank Development Prospects Group prepared this report. Richard Newfarmer was the lead author and manager of the report, under the direction of Uri Dadush. The report was prepared under the general guidance of the former Chief Economist and Senior Vice President, Nicholas Stern. Core team members and chapter authors included Carsten Fink, Keith Maskus, Aaditya Mattoo, Hans Timmer, Dominique van der Mensbrugghe, and Aristomene Varoudakis.


Regional press releases: East Asia & Pacific (English), Europe & Central Asia (English), Latin America (English, Spanish),  Middle East & North Africa  (English, French)


Press conference transcript:  English 


Powerpoint presentation: Spanish

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