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World Economic and Social Survey 2003

Trends and Policies in the World Economy

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The World Economic and Social Survey is the United Nations annual analysis of current developments in the world economy and emerging policy issues. It contains forecast of short-term global and regional economic trends and reviews major developments in international trade. Part One of this year’s Survey revolves around the economic recovery that is underway in some developed market economies and some developing countries. Part Two explores current social issues that are interlinked with economic development. Special attention is given to public-private cooperation in the light of drastic transformation of the role of the government. The Survey includes statistical tables, which give standardized data on international trade and finance, incorporating current data and forecasts. It is essential for decision makers in government and business, and provides valuable information to all interested in the trends of global economy.

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Growth and poverty: A framework for evaluating policy

It deserves to be remarked, perhaps, that it is in the progressive state, while the society is advancing to the further acquisition, rather than when it has acquired its full complement of riches, that the condition of the labouring poor, of the great body of the people, seems to be the happiest and the most comfortable. It is hard in the stationary, and miserable in the declining state. The progressive state is in reality the cheerful and the hearty state to all the different orders of the society. The stationary is dull: the declining melancholy.

English

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