Publication: Toward a Switchover of Locomotives in the Global Economy
Date
2010-09
ISSN
Published
2010-09
Author(s)
Abstract
The recovery in advanced economies is
now exhibiting several signs of fragility and the
medium-term growth prospects for these economies also look
difficult. Could developing economies 'switch
over' to become locomotives in the global economy,
providing a countervailing force against downward trends?
The view taken here says, yes, as long as appropriate
domestic policies and reforms are pursued in developing countries.
Citation
“Canuto, Otaviano. 2010. Toward a Switchover of Locomotives in the Global Economy. Economic Premise; No. 33. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/6f007359-409d-5268-90a5-e52287305bdd License: CC BY 3.0 IGO.”