|
I. |
FDI inflows down again - but recovery is
on its way |
|
|
Summary
Sustaining robust growth
Revitalizing employment
Restraining inflation
Managing downside risks
Delivering on the commitment to development |
|
|
|
II. |
International Trade |
|
|
Summary
Regional trends and outlook
Commodity prices and markets
Agricultural commodities
Minerals and metals
Do higher prices indicate
a tight world oil market?
Trade policy developments
The multilateral sphere:
the Doha negotiations
Termination of the
Agreement on Textiles and Clothing
Mushrooming of regional
and bilateral initiatives . |
|
|
|
III. |
International Finance |
|
|
Summary
Financial flows to developing and
transition economies
Private financial flows
Official flows
Net transfer of financial resources
International financial cooperation for
development
Official development
finance
Multilateral development
cooperation
Continuing reform of the international
financial architecture
Crisis prevention
activities
The modalities of official
liquidity provision
Policies on crisis
resolution
Enhancing the voice and
participation of developing countries |
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|
|
IV. |
The Situation in the World’s Economies |
|
|
Summary
Developed market economies: the recovery
takes hold
North America: maintaining
a robust growth in the United States
Developed Asia and the
Pacific: a real recovery for Japan?
Western Europe: recovery
yet to solidify
Economies in transition
Central and Eastern
Europe: sustaining recovery
The Baltic countries:
continuing fast growth
Commonwealth of
Independent States (CIS): the fastest growing region
The Developing economies
Africa: growth slowly
picking up
East Asia: challenges
ahead
South Asia: sustaining
robust growth
Western Asia: mixed
fortunes brought by the war
Latin America and the
Caribbean: an incipient recovery |
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|
Annex |
|
Statistical tables |
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|
|
Boxes |
| I.1 |
Global implications of the rising economic weight of China |
| II.1 |
Sustaining the African Growth and Opportunity Act |
| IV.1 |
Fiscal consolidation in the new EU member States |
| IV.2 |
The oil sector and economic growth in the Russian
Federation |
| IV.3 |
Policy challenges in African oil-producing countries |
| IV.4 |
Domestic implications of China’s exchange-rate regime:
should China float? |
|
|
|
Figures |
| I.1 |
Price of Brent oil in United States dollars and special
drawing rights (SDRs), January 2000-April 2004 |
| II.1 |
Growth in the volume of trade, by major country groupings,
2002-2004 |
| II.2 |
United States of America: exports and imports of goods and
trade balance, 2000-2005 |
| II.3 |
Non-fuel commodity prices, monthly, January 2002-March
2004 |
| II.4 |
Price of oil (OPEC reference basket), January 2000-April
2004 |
| II.5 |
World oil supply and demand, and OPEC oil production,
first quarter 2002-fourth quarter 2004 |
| III.1 |
Yield spreads on emerging market bonds, 1 January 2003-11
May 2004 |
| IV.1 |
Unemployment rates (standardized) in selected developed
economies: January 1999-March 2004 |
| IV.2 |
Major exchange rates, January 2002-March 2004 |
| IV.3 |
Inflation in the EU-12, Japan and the United States of
America, January 1999-March 2004 |
| IV.4 |
Industrial production, excluding construction, in selected
developed economies: January 1999-March 2004 |
| IV.5 |
Trade of the Russian Federation with other CIS countries,
2002 and 2003 |
| IV.6 |
Growth of real GDP in Africa, Chad and Equatorial Guinea,
2001-2004 |
| IV.7 |
Growth of real GDP in selected South Asian economies,
2002-2004 |
| IV.8 |
Growth of real GDP in selected Latin American countries,
2002-2004 |
|
|
|
Tables |
| I.1 |
Growth of world output and trade, 1995-2005 |
| I.2 |
Frequency of high and low growth of per capita output,
2001-2003 |
| II.1 |
Exports of business services from selected developing
countries, 1995-2002 |
| II.2 |
Leading world exporters and importers of textiles and
clothing, 2002 |
| III.1 |
Net financial flows to developing economies and economies
in transition, 1993-2003 |
| III.2 |
Official development assistance of member countries of the
Development Assistance Committee, 2003 |
| III.3 |
Net transfer of financial resources to developing
economies and economies in transition, 1995-2003 |
| IV.1 |
Growth, unemployment and inflation in the major developed
economies, quarterly indicators, 2002-2003 |
| IV.2 |
Growth and inflation in selected economies in transition,
quarterly indicators, 2002-2003 |
| IV.3 |
Growth, unemployment and inflation in major developing
economies, quarterly indicators, 2002-2003 |
| IV.4 |
Unemployment in selected East Asian economies, 1998-2003 |
