WDEV special: Subscribe now and get 4 weeks free >>> here
deutschsprachige Version

Our new website address:  
www.wdev.eu  

Home Mission Statement Subscriptions Sample Copies Services Blogs Background Links Archives

Volume 2017
Volume 2016
Volume 2015
Volume 2014
Volume 2013
Volume 2012
Volume 2011
Volume 2010
Volume 2009
Volume 2008
Volume 2007
Volume 2006
In-depth:
Special Reports
LOGIN
For subscribers only
Show memo
Show shopping cart
Proceed to check-out
Your account
Europe Global Environment & Development The New South From G8 to G20 The Development Agenda UN Reform Global Finance Doha Final The Euro-zone in Crisis Eastern Europe


On the Road to London and Beyond

The year 2009 as window of opportunity

It is not even spring yet but 2009 is already being termed a recession year. The global financial crisis hit the real economy everywhere and stimulus packages are frantically being thrown together. The pressure for change is rising on the “construction sites” of globalisation. Thus 2009 is also representing a window of opportunity: the consequences drawn from the global financial crisis and the course set this year can decisively shape the face of global governance for the foreseeable future. An overview by Rainer Falk and Barbara Unmüßig

 

Official logo


The global economic development trend is clearly pointed downward, and there is almost no difference any more between the forecasts of the relevant institutions (see notes). Whereas the UN Global Outlook forecasts only 1% of global growth in 2009 (compared to 3.8% in 2007), the World Bank’s Global Economic Prospects forecasts only 0.9% (compared to 3.7% in 2007). Growth in the developing countries ought to decline in 2009 to an average of 4.6% (2007: 7.1% according to the UN) resp. 4.5% (2007: 7.9% according to the World Bank), whereby these figures reflect the moderate scenario. The IMF is even more pessimistic ...

... this article comes up in
WDEV 1/Jan-Feb 2009 and is for subscribers only. For direct log in >>> click here. If you have no subscription >>> pick your option or >>>


... buy the article here >>>

       
Quantity:   item

Add to memo.



More on the subject:

>>> Coordinated and Massive Global Stimulus Required
>>> Inequalities in the Age of Globalisation








Call for More Say in International Finance Reform / South-South Cooperation in Times of Global Crisis

print

Top of page

Imprint General Terms and Conditions RSS Feeds Site Map