Multipolarity : the new global economy / by World Bank

By:

World Bank

Contributor(s):

World Bank

Material type: Text

TextSeries: Global development horizonsPublication details: Washington, D.C. : World Bank, c2011Description: xx, 159 p. : illustration (some col.) ; 27 cmISBN:

9780821386927

Subject(s):

LOC classification:

HF 1359 .M85 2011

Available additional physical forms:

Also available online as PDF.

Contents:

Overview -- 1. Changing growth poles and financial positions -- 2. The changing global corporate landscape -- 3. Multipolarity in international finance.

Summary: 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.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Current library	Call number	Status	Barcode
Open Shelf	Albukhary International University LEVEL 2	HF 1359 .M85 2011 (Browse shelf(Opens below))	Available	1100019726

Total holds: 0

Includes bibliographical references.

Overview -- 1. Changing growth poles and financial positions -- 2. The changing global corporate landscape -- 3. Multipolarity in international finance.

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.

Also available online as PDF.

There are no comments on this title.

to post a comment.