I can't wait...

Kpax · 14 december 2006, 20:00

Met dank aan Johan Norberg

(Parental Advisory: This post contains good news. If you are not used to this after having followed the media the last few months, don´t read too much at once.)

The World Bank has just published its Global Economic Prospects 2007, and it tries to say something intelligent about what current knowledge and present trends say about the next 25 years. And it has some reallly bad news for pessimists:

- Growth per capita in developing countries will be 3.1 percent annually, compared to 2.1 percent since 1980. (And this is a moderate estimate compared to the last five years´ 4.6 percent!)

- The average income in developing countries will more than double, from $4 800 today to $11 000 in 2030 (similar to the Czech Republic´s income per capita today).

- Developing countries´ part of global output will increase from one-fifth to nearly one-third, purchasing power will surpass half.

- Coutries like China, Mexico and Turkey will have living standards close to Spain´s today.

- The "middle class" (earning $4 000-17 000 per capita) in developing countries will increase from 400 million to 1.2 billion.

- Extreme poverty (<$1/day) will be reduced from 1.1 billion to 550 million - from 20 percent to 8 percent of the developing country population (it was 40 percent in 1980).

Caveats: The World Bank points out that this improvement could be much faster if we see big technological breaktroughs in the years to come (which we will) and if we see faster reforms (which we can make happen).

Hold onto your hat.

Thomas- · 14 december 2006, 20:40

En wat zijn de vooruitzichten voor de reeds ontwikkelde landen

?

Brandaan · 14 december 2006, 23:42

Uit de bijgevoegde link:

Citaat:

Globalization could spur faster growth in average incomes in the next 25 years than during 1980-2005, with developing countries playing a central role. However, unless managed carefully, it could be accompanied by growing income inequality and potentially severe environmental pressures, predicts the World Bank.

eno2 · 15 december 2006, 11:28

De WB is niet bepaald het meest geloofwaardige voorspellingsorgaan gebleken in de recentste decennia.

Misschien even zijn al te lang uitgestelde herstructuring of afschaffing en vervanging door een meer social responsible institution afwachten?
I can't wait...

14 december 2006, 20:00	#1
Kpax Lokaal Raadslid Geregistreerd: 25 september 2006 Locatie: Ergens in Helvetië Berichten: 397	I can't wait... Met dank aan Johan Norberg (Parental Advisory: This post contains good news. If you are not used to this after having followed the media the last few months, don´t read too much at once.) The World Bank has just published its Global Economic Prospects 2007, and it tries to say something intelligent about what current knowledge and present trends say about the next 25 years. And it has some reallly bad news for pessimists: - Growth per capita in developing countries will be 3.1 percent annually, compared to 2.1 percent since 1980. (And this is a moderate estimate compared to the last five years´ 4.6 percent!) - The average income in developing countries will more than double, from $4 800 today to $11 000 in 2030 (similar to the Czech Republic´s income per capita today). - Developing countries´ part of global output will increase from one-fifth to nearly one-third, purchasing power will surpass half. - Coutries like China, Mexico and Turkey will have living standards close to Spain´s today. - The "middle class" (earning $4 000-17 000 per capita) in developing countries will increase from 400 million to 1.2 billion. - Extreme poverty (<$1/day) will be reduced from 1.1 billion to 550 million - from 20 percent to 8 percent of the developing country population (it was 40 percent in 1980). Caveats: The World Bank points out that this improvement could be much faster if we see big technological breaktroughs in the years to come (which we will) and if we see faster reforms (which we can make happen). Hold onto your hat. __________________ "The most fundamental fact about the ideas of the political left is that they do not work. Therefore we should not be surprised to find the left concentrated in institutions where ideas do not have to work in order to survive." -- Thomas Sowell

14 december 2006, 20:40	#2
Thomas- Parlementslid Geregistreerd: 10 juni 2006 Berichten: 1.787	En wat zijn de vooruitzichten voor de reeds ontwikkelde landen ?

15 december 2006, 11:28	#4
eno2 Banneling Geregistreerd: 4 juni 2004 Locatie: onder mijn wijnstok en vijgenboom Berichten: 78.216	De WB is niet bepaald het meest geloofwaardige voorspellingsorgaan gebleken in de recentste decennia. Misschien even zijn al te lang uitgestelde herstructuring of afschaffing en vervanging door een meer social responsible institution afwachten? I can't wait...