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"Economic forecasting Developing countries."
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The Great Recession and developing countries : economic impact and growth prospects
While globalization has been a powerful engine of economic growth over the past three decades, it has also posed new problems and challenges, especially for international economic policy coordination. In the past decade, the large and rapid increases in trade, remittances, and international financial flows across borders have been a strong incentive for economic growth, not only in East and South Asia but also in Latin America and Sub-Saharan Africa. And rapid and sustained economic growth in several low- and middle-income economies has been steadily altering the economic weights of different regions in the world economy. The ten case studies in this volume illustrate the wide range of effects of, and responses to, the global crisis in low-and middle-income economies. While the case studies do not constitute a statistically representative sample of the globe, they illustrate a broad range of experiences in the wake of the crisis and give insights into both the benefits and challenges of globalization. The use of a common methodology in preparing the cases unquestionably facilitates cross-country comparisons and helps identify areas where more study is needed to increase the understanding of the current problems of, and prospects for, developing countries.
eBook
German unification and the international economy
Examines the issues of change in the international macroeconomy, in particular the rising investment demand from Eastern Europe which has resulted in dramatic investment flow changes. Focus is on Germany and its unique involvement in the changes.
eBook
Multipolarity : the new global economy
By 2025, six major emerging economies--Brazil, China, India, Indonesia, South Korea, and Russia--will account for more than half of all global growth, and the international monetary system will no longer be dominated by a single currency. As economic power shifts, these successful economies will help drive growth in lower income countries through cross-border commercial and financial transactions. Global Development Horizons 2011--Multipolarity: The New Global Economy projects that today's emerging economies will grow, on average, by 4.7 percent a year between 2011 and 2025, and their share of global GDP will expand from 36 percent to 45 percent. Advanced economies, meanwhile, are forecast to grow by 2.3 percent over the same period, yet will remain prominent in the global economy, with the Euro area, Japan, the United Kingdom, and the United States all playing a core role in supporting the global economic engine
eBook
Losing control : the emerging threats to western prosperity
As the economic giants of Asia and elsewhere have awakened, Western leaders have increasingly struggled to maintain economic stability. The international financial crisis that began in 2007 is but one result of the emerging nations’ increased gravitational pull. In this vividly written and compellingly argued book, Stephen D. King, the global chief economist at HSBC, one of the largest banking groups in the world, suggests that the decades ahead will see a major redistribution of wealth and power across the globe that will force consumers in the United States and Europe to stop living beyond their means.The tide of money washing in from emerging nations has already fuelled the recent property bubble in the West, while new patterns of trade have left the West increasingly dependent on risky financial services. Unless things change drastically, King argues, the increasing power of emerging markets, when coupled with poor internal regulation and an increasingly anachronistic system of global governance, will result in greater instability and income inequality, accompanied by the risk of a major dollar decline. And as Western populations age and emerging economies develop further, the social and political consequences may be alarming to citizens who have grown accustomed to living in prosperity
eBook
Ethnographies of uncertainty in Africa
\"This collection explores the productive potential of uncertainty for people living in Africa as well as for scholars of Africa. The relevance of the focus on uncertainty in Africa is not only that contemporary life is objectively risky and unpredictable (since it is so everywhere and in every period), but that uncertainty has become a dominant trope in the subjective experience of life in contemporary African societies. The contributors investigate how uncertainty animates people's ways of knowing and being across the continent. An introduction and eight ethnographic studies examine uncertainty as a social resource that can be used to negotiate insecurity, conduct and create relationships, and act as a source for imagining the future. These in-depth accounts demonstrate that uncertainty does not exist as an autonomous, external condition. Rather, uncertainty is entwined with social relations and shapes people's relationship between the present and the future. By foregrounding uncertainty, this volume advances our understandings of the contingency of practice, both socially and temporally\"-- Provided by publisher.
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