The themes of the 2006 Global Economic Prospects (GEP) are international remittances and migration, their economic consequences, and how policies can increase their role in reducing poverty. The GEP explores the gains and losses from international migration from the perspective of developing...

Market nervousness concerning the fiscal positions of several European high-income countries poses a new challenge for the world economy. This arises as the recovery is transitioning toward a more mature phase during which the influence of rebound factors (such as fiscal stimulus) fades, and...

Structural transformation and rural change revisited challenges for a late developing country in a Globalizing World is an extremely thorough and important contribution to this renewal of structural economics. It significantly improves our understanding of rural economies and structural...

This Africa's pulse newsletter includes the following headings: economic prospects for Sub-Saharan Africa remain strong, but growth is vulnerable to a sharp decline in commodity prices; the region's progress on reducing poverty has been slow, hindered by high inequality; and faster reduction in...

This Africa's pulse newsletter includes the following headings: Sub-Saharan African countries continue to grow at a steady pace; the region's decade-long economic expansion appears sustainable; and for newly resource-rich countries, strong governance will be key to harnessing resource wealth for...

The book presents estimates of total wealth for nearly 120 countries, using economic theory to decompose the wealth of a nation into its component pieces: produced capital, natural resources and human resources. The wealth estimates aims to provide a unique opportunity to look at economic...

This book is organized as follows: this first chapter examines the pattern of structural transformation in Middle East and North Africa, or MENA and summarizes the role of various factors examined thoroughly in the rest of the volume. This second chapter examines the correlates of this overall...

World Development Indicators (WDI) 2009 arrives at a moment of great uncertainty for the global economy. The crisis that began more than a year ago in the U.S. housing market spread to the global financial system and is now taking its toll on real output and incomes. As a consequence, an...

This Global Economic Prospects (GEP) is being released during a period of increased uncertainty following four years of record growth in developing countries, and a 15-year period of steady declines in poverty. Global growth slowed modestly in 2007, coming at 3.5 percent after 3.9 percent in...

Structural transformation and rural change revisited challenges for a late developing country in a Globalizing World is an extremely thorough and important contribution to this renewal of structural economics. It significantly improves our understanding of rural economies and structural...