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Department of Economic and Social Affairs
Economic Analysis
SDG #8: Decent work and economic growth
2006
Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures,
and Sources of Demand
Codrina Rada and Lance Taylor
The world economy is expected to continue to grow at a rate of 3 per cent during 2006. The United States economy remains the main engine of global economic growth, but the growth of China, India and a few other large developing economies is becoming
The continued recovery of the world economy resulted in unusually widespread growth in 2004, but a modest slowdown in all regions is expected in 2005, according to projections contained in the World Economic Situation and Prospects 2005 . Dev
