000			03163nam a2200313Ia 4500
001			0000008682
005			20251012174335.0
008			020129s1988 dcu o i001 0 eng d
020			_a0195206509
020			_a9780195206500
020			_z9780195206500
245	0	0	_aWorld Development Report 1988 _h[electronic resource] _bOpportunities and Risks in Managing the World Economy; Public Finance in Development; World Development Indicators.
260			_aWashington, D.C. _bThe World Bank _c1988.
300			_a1 online resource (307 p.)
520			_aThis 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.
650		4	_aBanks and Banking Reform.
650		4	_aDebt Markets.
650		4	_aEconomic Theory and Research.
650		4	_aEmerging Markets.
650		4	_aFinance and Financial Sector Development.
650		4	_aMacroeconomics and Economic Growth.
650		4	_aPrivate Sector Development.
650		4	_aPublic Sector Economics and Finance.
830		0	_aWorld Bank e-Library.
830		0	_aWorld development report.
856	4		_iInput this URL in a browser to get GIF cover art data. _qGIF _uhttps://firstsearch.oclc.org/WebZ/DCARead?standardNoType=1&standardNo=0195206509:srcdbname=worldcat:fromExternal=true&sessionid=0 _3cover art
856	4		_iInput this URL in a browser to get GIF cover art data. _qGIF _uhttps://firstsearch.oclc.org/WebZ/DCARead?standardNoType=1&standardNo=0195206509:srcdbname=worldcat:fromExternal=true&sessionid=0 _3cover art
856	4	0	_3World Bank e-Library _uhttps://www.worldbank.icebox.ingenta.com/content/wb/bk50650
999			_c1505 _d1505