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World Development Report 1986

This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing countries facing serious problems of adjustment. The recent decline in oil prices, interest rates...

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Autor principal: World Bank
Formato: En linea
Idioma:inglés
Publicado: New York: Oxford University Press 2012
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Acceso en línea:https://hdl.handle.net/10986/5969
https://doi.org/10.1596/0-1952-0518-9
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author World Bank
author_facet World Bank
author_sort World Bank
collection Publicaciones institucionales emblemáticas
description This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing countries facing serious problems of adjustment. The recent decline in oil prices, interest rates, and inflation will provide a stimulus to developed and developing countries alike. But many debtor countries, particularly oil exporters, will find it hard to maintain growth in the near term. The effects of the recovery have been much weaker for many low-income Sub-Saharan countries. Part I of the report explores the policies required to restore growth in the developing world. It stresses the importance of developed countries maintaining the policies that have both reduced inflation and moderated distortions in their markets. Of concern however is the increase in international trade restrictions, if countries are to attain sustainable growth, the reform of domestic institutions must be accompanied by an effort towards international freer trade. Part 2 suggests that the gradual liberalization of trade should be a high priority for international action in agriculture. An examination of the policy options in developing countries suggests that economic stability and growth could be greatly enhanced by focusing on improved pricing and trade policies.
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spelling wb-10986-59692025-04-15T11:18:40Z World Development Report 1986 World Bank developing countries economic development foreign capital foreign debt incentive structure industrial countries interest rates international trade World Development Indicators world economy This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing countries facing serious problems of adjustment. The recent decline in oil prices, interest rates, and inflation will provide a stimulus to developed and developing countries alike. But many debtor countries, particularly oil exporters, will find it hard to maintain growth in the near term. The effects of the recovery have been much weaker for many low-income Sub-Saharan countries. Part I of the report explores the policies required to restore growth in the developing world. It stresses the importance of developed countries maintaining the policies that have both reduced inflation and moderated distortions in their markets. Of concern however is the increase in international trade restrictions, if countries are to attain sustainable growth, the reform of domestic institutions must be accompanied by an effort towards international freer trade. Part 2 suggests that the gradual liberalization of trade should be a high priority for international action in agriculture. An examination of the policy options in developing countries suggests that economic stability and growth could be greatly enhanced by focusing on improved pricing and trade policies. 2012-04-06T19:44:18Z 2012-04-06T19:44:18Z 1986 0-19-520518-9 978-0-19-520518-3 0163-5085 https://hdl.handle.net/10986/5969 https://doi.org/10.1596/0-1952-0518-9 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf application/pdf New York: Oxford University Press
spellingShingle developing countries
economic development
foreign capital
foreign debt
incentive structure
industrial countries
interest rates
international trade
World Development Indicators
world economy
World Bank
World Development Report 1986
title World Development Report 1986
title_full World Development Report 1986
title_fullStr World Development Report 1986
title_full_unstemmed World Development Report 1986
title_short World Development Report 1986
title_sort world development report 1986
topic developing countries
economic development
foreign capital
foreign debt
incentive structure
industrial countries
interest rates
international trade
World Development Indicators
world economy
url https://hdl.handle.net/10986/5969
https://doi.org/10.1596/0-1952-0518-9
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