Academic Foundation - Indian Economy: Books, Documents, Reports

I.	Global outlook
	Macroeconomic prospects for the world economy Expected deceleration of world economic growth in 2007 A more volatile international economic environment for developing countries The need for more employment growth Benign inflation outlook Uncertainties and downside risks for the global outlook Burst of the housing bubble The impact of higher oil prices Widening global imbalances The need for macroeconomic policy coordination A new Plaza Agreement? The case for policy coordination Obstacles to policy coordination What can be done?

II.	International trade
	Trade flows: can the momentum be sustained? Primary commodity prices and markets Non-oil commodities World oil markets Trade policy developments and trends Doha negotiations: dealing with a complete deadlock Aid for Trade: tentative progress in moving the Initiative forward

III.	Financial flows to developing and transition economies
	Net transfers Private capital flows Net private capital flows to developing countries Continuing expansion of foreign direct investment International financial cooperation Official development assistance The Heavily Indebted Poor Countries Initiative and other debt-relief measures Governance of the global financial system Quota and voice reform in the International Monetary Fund Multilateral surveillance Financing for crisis prevention International Monetary Fund engagement with low-income countries Regional financial cooperation

IV.	Regional developments and outlook
	Developed market economies North America: the United States sees a significant downshift Developed Asia and the Pacific: the economic recovery in Japan continues, but a slowdown is expected for 2007 Western Europe: the recovery continues The new EU members: reaching record growth rates Economies in transition: buoyant growth continues South-eastern Europe: strong expansion, large imbalances The Commonwealth of Independent States: sustaining strong growth Developing economies Africa: the growth momentum continues East Asia: another year of export-driven growth, but domestic demand is set to strengthen South Asia: continued strong growth and a chance to vanquish poverty Western Asia: the boom fuelled by oil continues Latin America and the Caribbean: domestic demand boosts growth

	Annex
	Statistical tables

	Boxes
I.1	Key assumptions for the baseline global economic forecast for 2007
I.2	An alternative scenario: the global implications of a collapse of the United States housing market
I.3	Prospects for the least developed countries
I.4	Higher oil prices have caused significant economic losses in lower-income oil-importing countries
II.1	The role of speculation in primary commodity markets
II.2	Market concentration in the mining industry
II.3	The scope of Aid for Trade financing
IV.1	Migration and migrant remittances within the Commonwealth of Independent States
IV.2	Inadequate infrastructure and energy supply: critical constraints to investment and trade in Africa
IV.3	Terms of trade and external adjustment in Latin America and the Caribbean

	Figures
I.1a	Nominal interest rates of the United States, 1961-2007 (first quarter)
I.1b	Real interest rates of the United States, 1961-2007 (first quarter)
I.2	Net barter terms of trade of selected developing countries, 2000-2006
I.3	Exchange-rate index for the United States, 1990-2006
I.4	New home sales in the United States, 2002-2006
I.5	Current-account balances, 2003-2007
I.6	United States net international investment position,1976-2006
II.1	Ratio of the growth rate of world exports to the growth rate of gross world product, 2001-2007
II.2	Value of world exports, 2000-2007
II.3	Growth of merchandise export volume, 1996-2007
II.4	Merchandise trade balances, 2004-2007
II.5	Non-oil primary commodity prices, 2000-2006
II.6	Baltic Exchange Dry Index of shipping rates, 2003-October 2006
II.7	Brent oil: weekly premium over OPEC basket, January 2003-October 2006
III.1	Net financial transfers to developing countries and economies in transition, 1997-2006
III.2	Emerging Market Bond Index global composite stripped spreads, end December 2002-end September 2006
III.3	Foreign direct investment out flows from developing and transition economies, 1980-2005
III.4	Offi cial development assistance from non-Development Assistance Committee donors, 2000-2004
IV.1	Composition of GDP growth in the EU-12, Japan and the United States, 2000-2007
IV.2	Housing market index in the United States, 1985-2006
IV.3	GDP growth and inflation in Japan, 1998-2007
IV.4	GDP growth in selected Western European countries, 2000-2007
IV.5	Growth of real GDP in the EU-8, 1996-2007
IV.6	Current-account balance of selected countries in South-eastern Europe, 2004-2006
IV.7	Consumer Pprice Index inflation in selected Commonwealth of Independent States economies, January-September 2005 and 2006
IV.8	Growth of real GDP in Africa, North Africa and sub-Saharan Africa, 2000-2007
IV.9	Average annual GDP growth, 1998-2006
IV.10	Western Asia: total GDP and GDP per capita, 2002-2006
IV.11	Latin America and the Caribbean: current-account and fiscal balances, 2000-2006

	Tables
I.1	Growth of world output, 2001-2007
I.2	Frequency of high and low growth of per capita output, 2004-2007
I.3	Impact of changes in terms of trade and net factor income payments on national income in selected developing-country groups, average for 2004-2006
III.1	Net financial transfers to developing countries and economies in transition, 1995-2006.
III.2	Net financial flows to developing countries and economies in transition, 1995-2007
III.3	Foreign direct investment inflows, by host region and major host economy, 2004-2006
III.4	Cross-border merger-and-acquisitions sales, by sector/industry of seller
III.5	Foreign direct investment by developing and transition economies in selected LDCs, various years
III.6	Multilateral Debt Relief Initiative
IV.1	Selected East Asian economies: real gross fixed investment, 2001-2006
IV.2	Poverty and inequality in South Asia