Global Development Horizons 2011
by World Bank Group (9780821386927)

Global Development Horizons 2011: Multipolarity and the New Global EconomyAs the second decade of the 21st century unfolds, the world economy is acclimating to shifting economic growth poles, evolving trade and finance paradigms, and new mechanisms of international policy coordination. While the large developed economies of today were undeniably the drivers of global growth over the past century, these polarities appear to be shifting. Global Development Horizons -- a new annual series from the World Bank -- aims to stimulate fresh thinking and research on medium- and long-term emerging global economic trends. The first report looks at the multipolar global economy that is emerging and its implications for development, addressing the associated structural changes in growth dynamics, corporate investment, and international monetary and trade arrangements.

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