World Development Report 1986

dc.creatorWorld Bank
dc.date2012-04-06T19:44:18Z
dc.date2012-04-06T19:44:18Z
dc.date1986
dc.date.accessioned2026-07-01T01:30:54Z
dc.descriptionThis is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing countries facing serious problems of adjustment. The recent decline in oil prices, interest rates, and inflation will provide a stimulus to developed and developing countries alike. But many debtor countries, particularly oil exporters, will find it hard to maintain growth in the near term. The effects of the recovery have been much weaker for many low-income Sub-Saharan countries. Part I of the report explores the policies required to restore growth in the developing world. It stresses the importance of developed countries maintaining the policies that have both reduced inflation and moderated distortions in their markets. Of concern however is the increase in international trade restrictions, if countries are to attain sustainable growth, the reform of domestic institutions must be accompanied by an effort towards international freer trade. Part 2 suggests that the gradual liberalization of trade should be a high priority for international action in agriculture. An examination of the policy options in developing countries suggests that economic stability and growth could be greatly enhanced by focusing on improved pricing and trade policies.
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dc.identifier0-19-520518-9
dc.identifier978-0-19-520518-3
dc.identifier0163-5085
dc.identifierhttps://hdl.handle.net/10986/5969
dc.identifierhttps://doi.org/10.1596/0-1952-0518-9
dc.identifier.urihttp://hdl.handle.net/123456789/418799
dc.languageEnglish
dc.publisherNew York: Oxford University Press
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo
dc.rightsWorld Bank
dc.subjectdeveloping countries
dc.subjecteconomic development
dc.subjectforeign capital
dc.subjectforeign debt
dc.subjectincentive structure
dc.subjectindustrial countries
dc.subjectinterest rates
dc.subjectinternational trade
dc.subjectWorld Development Indicators
dc.subjectworld economy
dc.titleWorld Development Report 1986

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