Publications | Economic Analysis and Policy Division

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08 January 2001

World Economic and Social Survey 2001

Part I. State of the World Economy Part one of the World Economic and Social Survey 2001 chronicles how the very positive developments in output and international trade, with reasonably buoyant levels of international finance for emerging markets for the first half of 2000, turned into retrenchment. The ongoing downturn in the business cycle in developed countries has been unusual in a number of respects when contrasted with previous downturns in the post-war period. Part II. A Globalizing World: Risks, Vulnerability and Opportunity Part two of World Economic and Social Survey 2001 looks at some examples of vulnerability in the context of globalization, with the discussions focusing on how… World Economic and Social Survey 2001