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World Economic and Social Survey 2000

Trends and Policies in the World Economy

image of World Economic and Social Survey 2000

Part one. State of the World Economy: chronicles a remarkable recovery in the world economy after the crisis years 1997-1999. Although the volume of international financial flows has not returned to its pre-crisis level, international financial markets are again displaying a sense of calm. International trade has also largely recovered from the setback it suffered following the financial crises. Part two. Escaping the Poverty Trap: identifies a number of critical steps for the poorer countries to break out of their “poverty trap” and find a path to sustained and sustainable development. The objective of part two is to identify some of the actions that countries can take to start a period of rapid and sustained growth that would allow living standards to increase appreciably over a relatively short period of time.

Related Subject(s): Economic and Social Development

References

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