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World Economic and Social Survey 2002

Trends and Policies in the World Economy

image of World Economic and Social Survey 2002

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.

English

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The world economy in 2002

In 2001, the world economy suffered its largest setback in a decade, with gross world product (GWP) increasing by only 1.3 per cent after growth of 4 per cent in 2000. Almost all countries grew less rapidly than in 2000 and the number of developing countries experiencing a decline in output per capita returned to the levels prevailing in the aftermath of the Asian crisis.

English

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