000			02819cam a22004214a 4500
001			395
003			The World Bank
006			m d
007			cr cn|||||||||
008			020129s1999 dcu o i001 0 eng
020			_a0821345508 _c14.99 USD
020			_z9780821345504
024	8		_a10.1596/0-8213-4550-8
035			_a(The World Bank)395
100	1		_aNabli, Mustapha
245	1	0	_aGlobal Economic Prospects 2000 _h[electronic resource] _cNabli, Mustapha
260			_aWashington, D.C. : _bThe World Bank, _c1999
300			_a1 online resource (192 p.)
490	1		_aGlobal Economic Prospects
520	3		_aDeveloping countries are now recovering from the worst ravages of the financial crisis of 1997-98. However, the recovery is both uneven and fragile, and many countries continue to struggle in the aftermath. In addition to a review of international economic developments, this report considers three areas where the crisis has had a major impact on growth and welfare in the developing world. First, the crisis has increased poverty in the East Asian crisis countries, Brazil, and the Russian Federation, and elsewhere. Chapter 2 reviews the evidence on the crisis' social impact on East Asia and other developing countries, and addresses the broader issue of the impact of external shocks on poverty in developing countries. Second, though the East Asian crisis countries are experiencing a strong cyclical recovery, severe structural problems remain. Chapter 3 outlines the depth of the problems faced by the corporate and financial sectors of these economies, analyzes the challenges facing the restructuring process, and discusses the appropriate role of government in supporting restructuring and reducing systemic risk. Third, exchange rate depreciations and declines in demand in East Asia exacerbated the fall in primary commodity prices that began in 1996. Chapter 4 examines how the most commodity-dependent economies in the world--the major oil exporting countries and the non-oil exporters of Sub-Saharan Africa--have adjusted to the commodity price cycle.
588			_aDescription based on print version record.
650		4	_aCurrencies and Exchange Rates
650		4	_aDebt Markets
650		4	_aEconomic Theory and Research
650		4	_aEmerging Markets
650		4	_aFinance and Financial Sector Development
650		4	_aFinancial Literacy
650		4	_aMacroeconomics and Economic Growth
650		4	_aPrivate Sector Development
700	1		_aMody, Ashoka
700	1		_aNabli, Mustapha
700	1		_aRiordan, Mick
700	1		_aShaw, William
776	0	8	_aPrint Version: _z9780821345504
830		0	_aGlobal Economic Prospects
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/0-8213-4550-8
999			_c15326 _d15326