Tuesday, April 25, 2006
[IWS] World Bank: WORLD DEVELOPMENT INDICATORS 2006 [22 April 2006]
IWS Documented News Service
_______________________________
Institute for Workplace Studies Professor Samuel B. Bacharach
School of Industrial & Labor Relations Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor Stuart Basefsky
New York, NY 10016 Director, IWS News Bureau
________________________________________________________________________
World Bank
World Development Indicators 2006
http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20899413~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html
or
http://devdata.worldbank.org/wdi2006/contents/index2.htm
World Development Indicators (WDI) publication is the World Bank's premier annual compilation of data about development. The 2006 WDI includes more than 900 indicators in over 80 tables organized in 6 sections: World View, People, Environment, Economy, States and Markets, and Global Links.
See also
WDI DATA 2006 (for Selected Indicators and Years)
http://devdata.worldbank.org/data-query/
Press Release
World Bank Data Show Growth Rates Converging Among Developing Regions
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20897094~menuPK:34463~pagePK:34370~piPK:34424~theSitePK:4607,00.html
WASHINGTON, April 22, 2006 Overall economic growth in the developing world has averaged 4.8 percent a year since 2000, more than double the rate of growth in high-income economies, which averaged 2.0 percent a year. While this robust record has been driven largely by rapid growth in East and South Asia, the newly-released 2006 World Development Indicators shows that in 2004, Sub-Saharan Africa--long lagging behind other regions--achieved an annual growth rate of 4.8 percent, exceeding the 2004 global growth rate of 4.1 percent.
Growth is essential to reduce poverty, and we see evidence of this in the data, said François Bourguignon, the World Bank's Chief Economist and Vice President for Development Economics. That's why this boost in growth in Africa is promising. After many years, the continent is showing growth that could deliver much more poverty reduction than in the recent past. It is important for Africa to build on this growth, which is partly driven by higher commodity prices and partly by fundamentals, to keep closing the gap with the rest of the world.
East Asia and Pacific, which has grown at an average rate of eight percent a year for the last 20 years, remained the top performer among regions in 2004, with China achieving a growth rate of 10.1 percent. Growth in South Asia has averaged 5.8 percent a year over four years ending in 2004, when it reached 6.7 percent. Much of this improvement coincides with increased exports of goods and services and strong growth in the manufacturing and service sectors.
Faster growth in Africa, but challenges remain
Data in World Development Indicators 2006 show a remarkable recovery in Sub-Saharan Africa's growth since 2000. Twenty of the region's 48 countries grew by more than five percent in 2004. The recent surge in oil exports and the boom in the price of oil has helped, pushing up growth rates among oil producers such as Angola, Chad, Nigeria, and Sudan. But fifteen non-oil-producing countries have had a median growth rate of 5.3 percent since 1995, demonstrating their potential for long-term growth. The WDI data underscore the findings of the Global Monitoring Report 2006, that poverty reduction is linked to` sound policies, well-targeted aid, better governance, and a good investment climate.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky *
Director, IWS News Bureau *
Institute for Workplace Studies *
Cornell/ILR School *
16 E. 34th Street, 4th Floor *
New York, NY 10016 *
*
Telephone: (607) 255-2703 *
Fax: (607) 255-9641 *
E-mail: smb6@cornell.edu *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
World Bank
World Development Indicators 2006
http://web.worldbank.org/WBSITE/EXTERNAL/DATASTATISTICS/0,,contentMDK:20899413~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html
or
http://devdata.worldbank.org/wdi2006/contents/index2.htm
World Development Indicators (WDI) publication is the World Bank's premier annual compilation of data about development. The 2006 WDI includes more than 900 indicators in over 80 tables organized in 6 sections: World View, People, Environment, Economy, States and Markets, and Global Links.
See also
WDI DATA 2006 (for Selected Indicators and Years)
http://devdata.worldbank.org/data-query/
Press Release
World Bank Data Show Growth Rates Converging Among Developing Regions
http://web.worldbank.org/WBSITE/EXTERNAL/NEWS/0,,contentMDK:20897094~menuPK:34463~pagePK:34370~piPK:34424~theSitePK:4607,00.html
WASHINGTON, April 22, 2006 Overall economic growth in the developing world has averaged 4.8 percent a year since 2000, more than double the rate of growth in high-income economies, which averaged 2.0 percent a year. While this robust record has been driven largely by rapid growth in East and South Asia, the newly-released 2006 World Development Indicators shows that in 2004, Sub-Saharan Africa--long lagging behind other regions--achieved an annual growth rate of 4.8 percent, exceeding the 2004 global growth rate of 4.1 percent.
Growth is essential to reduce poverty, and we see evidence of this in the data, said François Bourguignon, the World Bank's Chief Economist and Vice President for Development Economics. That's why this boost in growth in Africa is promising. After many years, the continent is showing growth that could deliver much more poverty reduction than in the recent past. It is important for Africa to build on this growth, which is partly driven by higher commodity prices and partly by fundamentals, to keep closing the gap with the rest of the world.
East Asia and Pacific, which has grown at an average rate of eight percent a year for the last 20 years, remained the top performer among regions in 2004, with China achieving a growth rate of 10.1 percent. Growth in South Asia has averaged 5.8 percent a year over four years ending in 2004, when it reached 6.7 percent. Much of this improvement coincides with increased exports of goods and services and strong growth in the manufacturing and service sectors.
Faster growth in Africa, but challenges remain
Data in World Development Indicators 2006 show a remarkable recovery in Sub-Saharan Africa's growth since 2000. Twenty of the region's 48 countries grew by more than five percent in 2004. The recent surge in oil exports and the boom in the price of oil has helped, pushing up growth rates among oil producers such as Angola, Chad, Nigeria, and Sudan. But fifteen non-oil-producing countries have had a median growth rate of 5.3 percent since 1995, demonstrating their potential for long-term growth. The WDI data underscore the findings of the Global Monitoring Report 2006, that poverty reduction is linked to` sound policies, well-targeted aid, better governance, and a good investment climate.
AND MORE....
_____________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.
Stuart Basefsky
Director, IWS News Bureau
Institute for Workplace Studies
Cornell/ILR School
16 E. 34th Street, 4th Floor
New York, NY 10016
Telephone: (607) 255-2703
Fax: (607) 255-9641
E-mail: smb6@cornell.edu
****************************************
# posted by SBasefsky : 12:06 PM
