World Development Report 1986

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dc.contributor.author World Bank
dc.date.accessioned 2012-04-06T19:44:18Z
dc.date.available 2012-04-06T19:44:18Z
dc.date.issued 1986
dc.identifier.isbn 0-19-520518-9
dc.identifier.isbn 978-0-19-520518-3
dc.identifier.issn 0163-5085
dc.identifier.uri http://hdl.handle.net/10986/5969
dc.description.abstract This is the ninth in an annual series assessing development issues. The world economy is entering its fourth year of growth since the recession of 1982. Yet the recovery is hesitant with many developing countries facing serious problems of adjustment. The recent decline in oil prices, interest rates, and inflation will provide a stimulus to developed and developing countries alike. But many debtor countries, particularly oil exporters, will find it hard to maintain growth in the near term. The effects of the recovery have been much weaker for many low-income Sub-Saharan countries. Part I of the report explores the policies required to restore growth in the developing world. It stresses the importance of developed countries maintaining the policies that have both reduced inflation and moderated distortions in their markets. Of concern however is the increase in international trade restrictions, if countries are to attain sustainable growth, the reform of domestic institutions must be accompanied by an effort towards international freer trade. Part 2 suggests that the gradual liberalization of trade should be a high priority for international action in agriculture. An examination of the policy options in developing countries suggests that economic stability and growth could be greatly enhanced by focusing on improved pricing and trade policies. en
dc.language English
dc.publisher New York: Oxford University Press
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo
dc.subject incentive structure
dc.subject foreign capital
dc.subject industrial countries
dc.subject interest rates
dc.subject world economy
dc.subject developing countries
dc.subject international trade
dc.subject World Development Indicators
dc.subject foreign debt
dc.subject economic development
dc.title World Development Report 1986 en
dc.rights.holder World Bank

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