هذا المُنتج قد لا يكون متوفراً الآن.
وصف كتب مصر
The eruption of the worldwide financial crisis has radically recast prospects
for the world economy. Global Economic Prospects 2009 analyzes the implications
of the crisis for low- and middle-income countries, including an in-depth look
at long-term prospects for global commodity markets and the policies of both
commodity producing and consuming nations. Developing countries face sharply
higher borrowing costs and reduced access to capital, cutting into their
capacity to finance investment spending. The looming recession presents new
risks, coming as it does on the heels of the recent food and fuel crisis.
Commodity markets, meanwhile, are at a crossroads. Following decades of low
prices and weak investment in supply capacity, commodity prices first spiked
and have now plummeted in response to the financial crisis. In the longer run,
commodities are not expected to be in short supply. Prices should be higher
than they were in the 1990s but much lower than in the recent past. These
higher prices should provide producers with sufficient incentive to discover
new supplies, improve output from existing resources, and promote greater
conservation and substitution with more abundant alternatives. At the same
time, slower population growth will ease the pace at which commodity demand
grows. Policies to limit carbon emissions and boost agricultural investment,
along with the dissemination of efficient techniques, should also contribute to
this long-term outcome. This year s Global Economic Prospects also looks at
government responses to the recent price boom.