With an emphasis on the implications for developing countries, this report from the United Nations Conference on Trade and Development (UNCTAD) assesses the performance of the world economy in the areas of trade and development. Topics include (for example) the systemic character of global imbalances, the emergence of the "Washington Consensus," and the role of foreign direct investment. Particular attention is paid to policies that support local ownership, the creative forces of markets, and the entrepreneurial dimension of investment. The volume is not indexed. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
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