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Available4.3
10 reviewsThis edition of Global Economic Prospects presents the first systematic review of the performance of developing economies since the dawn of the century—and assesses their prospects for the next 25 years. Developing economies, which began the century on a trajectory to close the income gap with the wealthiest economies, are for the most part now falling farther behind. Most of the forces that powered their rise have dispersed. In their place have come fierce headwinds: weak investment and productivity growth, aging populations in nearly all but the poorest countries, rising geopolitical tensions, and the escalating dangers of climate change.
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