World Economic and Social Survey 2002

Trends and Policies in the World Economy

Part I. State of the World Economy: In the second half of 2002, the world economy stands at a delicate juncture. After the weakest performance in a decade for the year as a whole, global economic recovery is under way. However, neither the strength, nor the breadth, nor the durability of the recovery is assured. Part II. Private-Public Interaction in Achieving Society’s Goals: examines selected aspects of the changing nature of the interaction between the public and private sectors in producing some of the goods and services that societies as a whole may desire as part of their overall development.