Corporate Flagships

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The current corporate publications that are World Bank Group flagships are: World Development Report (WDR); Global Economic Prospects (GEP), Doing Business (DB), and Poverty and Shared Prosperity (PSP). All go through a formal Bank-wide review and are discussed with the Board prior to their release. In terms of branding, the phrase “A World Bank Group Flagship Report” will be used exclusively on the cover of these publications. This label will signal that the institution assumes a higher level of responsibility for the positions held by these reports. The flagship Global Monitoring Report (GMR) is no longer produced. The flagship Doing Business is no longer produced.

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    Global Economic Prospects and the Developing Countries 2001
    (Washington, DC, 2001) World Bank
    Technological innovations and the dismantling of trade barriers over the past decade have contributed to an acceleration of growth in global trade. This acceleration has been associated with faster growth in developing countries as a group. However, many of the poorest countries have not kept pace. This year's report focuses on international trade and discusses policies that are required if developing countries are to benefit from global integration. The report is organized as follows: Chapter 1 examines the prospects for developing countries and world trade and projects that long-term growth has improved and is projected to be higher despite significant vulnerabilities. Chapter 2 analyzes trade policies in the 1990s and discusses reductions in barriers to trade, trends in trade and economic growth, weaknesses in domestic trade-related policies, and trade protection in industrial countries. Chapter 3 explores the relationships between product standards and regulatory barriers to trade, labor standards and trade sanctions, and environmental standards and trade. Finally, Chapter 4 focuses on electronic commerce, the digital divide, and its effects on productivity, international trade, and income distribution, as well as impediments to Internet use, the role of policies, and challenges to regulatory regimes in developing countries.
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    World Development Report 2000/2001: Attacking Poverty
    (New York: Oxford University Press, 2001) World Bank
    This report focuses on the dimensions of poverty, and how to create a better world, free of poverty. The analysis explores the nature, and evolution of poverty, and its causes, to present a framework for action. The opportunity for expanding poor people's assets is addressed, arguing that major reductions in human deprivation are indeed possible, that economic growth, inequality, and poverty reduction, can be harnessed through economic integration, and technological change, dependent not only on the evolvement of markets, but on the choices for public action at the global, national, and local levels. Actions to facilitate empowerment include state institutional responsiveness in building social institutions which will improve well-being, and health, to allow increased income-earning potential, access to education, and eventual removal of social barriers. Security aspects are enhanced, by assessing risk management towards reducing vulnerability to economic crises, and natural disasters. The report expands on the dimensions of human deprivation, to include powerlessness and voicelessness, vulnerability and fear. International dimensions are explored, through global actions to fight poverty, analyzing global trade, capital flows, and how to reform development assistance to forge change in the livelihoods of the poor.
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    Global Economic Prospects and the Developing Countries 2000
    (World Bank: Washington, DC, 2000) World Bank
    Developing countries are now recovering from the worst ravages of the financial crisis of 1997-98. However, the recovery is both uneven and fragile, and many countries continue to struggle in the aftermath. In addition to a review of international economic developments, this report considers three areas where the crisis has had a major impact on growth and welfare in the developing world. First, the crisis has increased poverty in the East Asian crisis countries, Brazil, and the Russian Federation, and elsewhere. Chapter 2 reviews the evidence on the crisis' social impact on East Asia and other developing countries, and addresses the broader issue of the impact of external shocks on poverty in developing countries. Second, though the East Asian crisis countries are experiencing a strong cyclical recovery, severe structural problems remain. Chapter 3 outlines the depth of the problems faced by the corporate and financial sectors of these economies, analyzes the challenges facing the restructuring process, and discusses the appropriate role of government in supporting restructuring and reducing systemic risk. Third, exchange rate depreciations and declines in demand in East Asia exacerbated the fall in primary commodity prices that began in 1996. Chapter 4 examines how the most commodity-dependent economies in the world--the major oil exporting countries and the non-oil exporters of Sub-Saharan Africa--have adjusted to the commodity price cycle.