Toward a Switchover of Locomotives in the Global Economy

• Tác giả: Otaviano Canuto
• Ngôn ngữ: eng
• Ký hiệu phân loại: 385.36 Locomotives
• Thông tin xuất bản: World Bank, Washington, DC, 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 305144
• Chủ đề: 1. ADVANCED COUNTRIES; 2. ADVANCED COUNTRY; 3. ADVANCED ECONOMIES; 4. ADVERSE IMPACT; 5. ASSET PRICES

Tóm tắt

The recovery in advanced economies is now exhibiting several signs of fragility and the medium-term growth prospects for these economies also look difficult. Could developing economies 'switch over' to become locomotives in the global economy, providing a countervailing force against downward trends? The view taken here says, yes, as long as appropriate domestic policies and reforms are pursued in developing countries.