03163nam a2200313Ia 4500 0000008682 20251012174335.0 020129s1988 dcu o i001 0 eng d 0195206509 9780195206500 9780195206500 World Development Report 1988 [electronic resource] Opportunities and Risks in Managing the World Economy; Public Finance in Development; World Development Indicators. Washington, D.C. The World Bank 1988. 1 online resource (307 p.) This is the eleventh report in the annual series assessing major development issues. Part I reviews recent trends in the world economy and their implications for the future prospects of developing countries. Part II examines the role of public finance in development. This report includes the World Development Indicators, which provide selected social and economic indicators for more than 100 countries. Despite continued economic growth through 1987 and into 1988, two problems have characterized recent trends: unsustainable economic imbalances within and among industrial countries, and highly uneven economic growth among developing countries. Part I of the report concludes that three interdependent policy challenges need to be addressed. First, industrial countries need to reduce their external payments imbalances. Second, developing countries need to continue restructuring their domestic economic policies in order to gain creditworthiness and growth. Third, net resource transfers, external debt, from the developing countries must be trimmed so that investment and growth can resume. Part II of the report explores how public finance policies are best designed and implemented. How deficits are reduced is crucial: controlling costs in mobilizing revenues and setting careful priorities in public spending are equally important. Efficiency in providing public services and expanding the scope for raising revenue can be achieved through decentralizing decisionmaking and reforming state-owned enterprises with the latter permitting greater private participation. Banks and Banking Reform. Debt Markets. Economic Theory and Research. Emerging Markets. Finance and Financial Sector Development. Macroeconomics and Economic Growth. Private Sector Development. Public Sector Economics and Finance. World Bank e-Library. World development report. Input this URL in a browser to get GIF cover art data. GIF http://firstsearch.oclc.org/WebZ/DCARead?standardNoType=1&standardNo=0195206509:srcdbname=worldcat:fromExternal=true&sessionid=0 cover art Input this URL in a browser to get GIF cover art data. GIF http://firstsearch.oclc.org/WebZ/DCARead?standardNoType=1&standardNo=0195206509:srcdbname=worldcat:fromExternal=true&sessionid=0 cover art World Bank e-Library http://www.worldbank.icebox.ingenta.com/content/wb/bk50650 1505 1505 0 0 0 0 KEM KEM 2012-12-07 0 0000004663 2025-10-12 08:35:05 2025-10-12 OS