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Description:
"The study shows that 24 developing countries that increased
their integration into the world economy over two decades
ending in the late 1990s achieved higher growth in incomes,
longer life expectancy and better schooling. These countries,
home to some 3 billion people, enjoyed an average 5 percent
growth rate in income per capita in the 1990s compared to
2 percent in rich countries. Many of these countries -such
as China, India, Hungary and Mexico- have adopted domestic
policies and institutions that have enabled people to take
advantage of global markets and have thus sharply increased
the share of trade in their GDP. These countries have been
catching up with the rich ones – their annual growth
rates increased from 1 percent in the 1960s to 5 percent in
the 1990s. People in these integrating countries saw their
wages rise, and the number of people in poverty declined.
"
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Foreword,
Report Team, and Overview - 170KB
Chapter
1 The New Wave of Globalization and Its Economic Effects
- 798KB
Chapter
2 Improving the International Architecture for Integration
- 180KB
Chapter
3 Strengthening Domestic Institutions and Policies - 201KB
Chapter
4 Power, Culture, and the Environment - 132KB
Chapter
5 An Agenda for Action - 99KB
Bibliography - 117KB
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