World Bank2019-09-162019-09-1619990-8213-4123-51014-8906https://hdl.handle.net/10986/32393The global economic crisis that began in Thailand on July 2, 1997, dominates the world economic scene for more than a year. Global Economic Prospects and the Developing Countries 1998/99 lays out the anatomy of the crisis, and assesses both the short- and long-term outlooks for the world economy and developing countries in the aftermath of the crisis. There is not unanimity on many key issues, yet Chapters 2 and 3 represent the World Bank’s interim research findings. The report aims to identify areas where there is and where there is not a consensus; and when there is not, trying to identify the reasons, whether it is alternative models of the economy or interpretations of the evidence.CC BY 3.0 IGOECONOMIC GROWTHECONOMIC OUTLOOKWORLD ECONOMYGLOBAL ECONOMIC CRISISECONOMIC SHOCKSEAST ASIAN CRISISCOMMODITY PRICESWORLD TRADECAPITAL FLOWSUNEMPLOYMENTSTABILIZATIONSOCIAL IMPACTFINANCIAL CRISISMACROECONOMIC POLICYRISK MANAGEMENTINTERNATIONAL FINANCIAL SYSTEMBookWorld Bank10.1596/0-8213-4123-5