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In: Equity and Development
The book examines India?s experience with poverty reduction in a period of rapid economic growth. Marshalling evidence from multiple sources of survey data and drawing on new methods, the book asks how India?s structural transformation - from rural to urban, and from agriculture to nonfarm sectors - is impacting poverty.Our analysis suggests that since the early 1990s, urban growth has emerged as a much more important driver of poverty reduction than in the past. We focus in particular on the role of small and medium size conurbations in India, both as the urban sub-sector in which urban pover
In: Global development finance
The World Bank's Debtor Reporting System (DRS), from which the aggregates and country tables presented in this report are drawn, was established in 1951. The debt crisis of the 1980s brought increased attention to debt statistics and to the World debt tables, the predecessor to Global development finance. Now the global financial crisis has once again heightened awareness in developing countries of the importance of managing their external obligations. International capital flows to the 128 developing countries reporting to the World Bank Debtor Reporting System (DRS) fell by 20 percent in 2009 to $598 billion (3.7 percent of Gross National Income (GNI), compared with $744 billion in 2008 (4.5 percent of GNI) and a little over half the peak level of $1,111 billion realized in 2007. Private flows (debt and equity) declined by 27 percent despite a rebound in bond issuance, portfolio equity flows, and short-term debt flows. Both foreign direct investment (FDI) flows and bank lending fell precipitously. By contrast, the net inflow of debt-related financing from official creditors (excluding grants) rose 175 percent as support was stepped up to low- and middle-income countries severely affected by the global financial crisis.
In: Global development horizons 2011
By 2025, six major emerging economies--Brazil, China, India, Indonesia, South Korea, and Russia--will account for more than half of all global growth, and the international monetary system will no longer be dominated by a single currency. As economic power shifts, these successful economies will help drive growth in lower income countries through cross-border commercial and financial transactions. Global Development Horizons 2011--Multipolarity: The New Global Economy projects that today's emerging economies will grow, on average, by 4.7 percent a year between 2011 and 2025, and their share of global GDP will expand from 36 percent to 45 percent. Advanced economies, meanwhile, are forecast to grow by 2.3 percent over the same period, yet will remain prominent in the global economy, with the Euro area, Japan, the United Kingdom, and the United States all playing a core role in supporting the global economic engine
In: Africa Development Indicators
The World Bank East Asia and Pacific Economic Update 2010, Volume I, is the World Bank's comprehensive, twice-yearly review of the region's economies. In this edition, the Bank finds that, largely thanks to China, the region's output, exports, and employment have mostly returned to the levels they were at before the crisis. And while countries can grow rapidly in the next decade even in a slower world economy, they need to return to their structural reform agendas with renewed vigor. These agendas can include regional components, with a focus on regional economic integration, and addressing the challenges posed by climate change
In: World Development Indicators
The Little Data Book on External Debt provides a quick reference for users interested in external debt stocks and flows, major economic aggregates, key debt ratios, and the currency composition of long-term debt for all countries reporting through the Debtor Reporting system. A pocket edition of Global Development Finance 2010, Summary and Country Tables, it contains statistical tables for 135 countries as well as summary tables for regional and income groups
In: World Development Indicators
The Little Data Book on Private Sector Development 2010 is one of a series of pocket-sized books intended to provide a quick reference to development data on different topics. It provides data for more than 20 key indicators on business environment and private sector development in a single page for each of the World Bank member countries and other economies with populations of more than 30,000. These more than 200 country pages are supplemented by aggregate data for regional and income groupings
In: Independent Evaluation Group Studies
This review provides an independent assessment of the World Bank Group's performance in achieving key development objectives, with a special focus on support for environmentally sustainable development consistent with economic growth and poverty reduction.The response to the global financial crisis has continued to dominate development and the work of international institutions, including the World Bank Group. Following a pattern similar to previous crises, World Bank lending has seen a sharp, countercyclical expansion, and IFC investments as a whole have undergone a procyclical contraction
In: World Development Indicators
Now in its eighth edition, this pocket-sized reference on key development data for over 200 countries provides profiles of each country with 54 development indicators about people, environment, economy, technology and infrastructure, trade, and finance. It is intended as a quick reference for users of World Development Indicators and the Atlas of Global Development