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999 _c2977
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008 110809s2011 dcua b 000 0 eng d
010 _a 2011283667
020 _a9780821386927 (pbk)
020 _a0821386921 (pbk.)
040 _aBTCTA
_beng
_cBTCTA
_dYDXCP
_dINU
_dTJC
_dBWX
_dDLC
050 0 0 _aHF1359
_b.M853 2011
082 0 4 _a338.9
_222
245 0 0 _aMultipolarity :
_bthe new global economy.
260 _aWashington, D.C. :
_bWorld Bank,
_cc2011.
300 _axx, 159 p. :
_bill. (some col.) ;
_c27 cm.
520 _aBy 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.
650 0 _aInternational economic relations.
650 0 _aEconomic forecasting.
650 0 _aEconomic development.
650 0 _aGlobalization
_xEconomic aspects.
650 0 _aInternational finance
_xForecasting.
710 2 _aWorld Bank.
942 _2ddc
_cBK