Global Economic Prospects and the Developing Countries 2003 : Investing to Unlock Global Opportunities
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC
Resumen
Descripción
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.
Palabras clave
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