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Global economic prospects 2008 : technology diffusion in the developing world (English)

Global Economic Prospects 2008 examines the state of technology in developing countries and the pace with which it has advanced since the early 1990s. It reveals both encouraging and cautionary trends. On the one hand, the pace of technological progress in developing countries has been much faster than in high-income countries-reflecting increased exposure to foreign technology as a result of linkages with high-skilled diasporas and the opening of these countries to international trade and foreign direct investment. On the other hand, the technology gap remains large, and the domestic factors that determine how quickly technologies spread within developing countries often stymie progress, especially among low-income countries. This year's Global Economic Prospects comes on the heels of an extended period of strong growth and a 15 year period of strong performance in much of the developing world, which has contributed to substantial declines in global poverty. While high oil prices and heightened market volatility may signal a coming pause in this process, over the longer term continued technological progress should continue to push back poverty."Rapid technological progress in developing countries has been central to the reduction of poverty in recent decades. While the integration of global markets has played and will continue to play a key role in this, future success will increasingly depend on strengthening technical competencies and the business environment for innovative firms in developing countries."

Details

  • Author

    World Bank

  • Document Date

    2008/01/08

  • Document Type

    Publication

  • Report Number

    42097

  • Volume No

    1

  • Total Volume(s)

    2

  • Country

    World,

  • Region

    The World Region,

  • Disclosure Date

    2008/02/15

  • Disclosure Status

    Disclosed

  • Doc Name

    Global economic prospects 2008 : technology diffusion in the developing world

  • Keywords

    Trade and Foreign Direct Investment;poverty in developing country;quality of logistics service;Acquired Immune Deficiency Syndrome;international organization for standardization;technological achievement;technological absorptive capacity;technological progress;adult literacy rate;total factor productivity;per capita income;current account deficit;access to technology;Human Immunodeficiency Virus;gross national income;effective exchange rate;removal of barrier;literacy and numeracy;contribution of investment;intellectual property protection;fixed capital formation;purchasing power parity;principal component analysis;high-yield corporate bond;emerging market bond;domestic banking sector;rainwater collection system;diffusion of technology;learning by doing;demand for oil;high productivity growth;role of technology;investment in technology;vulnerability of countries;intellectual property rights;health care service;exchange rate volatility;principle of openness;number of patents;Migration and Remittances;incidence of disease;country of origin;country forecast;old technology;Technology Diffusion;foreign technology;technological frontier;scientific innovation;Learning and Innovation Credit;life expectancy;factor loading;Business Climate;Macroeconomic Stability;commodity price;financial market;external flows;Technology Transfer;contract enforcement;human capital;phone service;percent change;external position;food price;financial turmoil;rural gap;return migrant;new technology;Exchange Rates;Brain Drain;rural area;increased openness;technological literacy;firm entry;foreign market;small country;technological transfer;oil exporter;business process;investment climate;adapt technology;domestic entrepreneurship;merchandise export;inefficient firms;knowledge flow;Financial Sector;poor health;marketing knowledge;official statistic;monetary policy;enrollment rate;absolute poverty;goods export;delivering services;literacy standard;capital good;aggregate performance;journal articles;sovereign bond;technology spillover;labor mobility;export product;skilled individual;adult population;export market;investment capital;trade deficit;political leadership;advanced skill;business environment;foreign trade;governance environment;transportation infrastructure;scale effect;dynamic effect;educational service;technological capacity;trade competitiveness;educational system;increasing return;court operation;technological spillover;industrial country;home country;aids epidemic;inflation rate;world trade;employment prospect;baltic countries;home countries;communications channel;digital subscriber;bulk rate;global growth;dollar debt;domestic demand;social progress;Social Welfare;Gender Equality;monetary authority;backed security;net export;global imbalance;downside risk;mortgage market;external demand;telephone access;industrial production;oil revenue;tertiary schooling;domestic population;direct intervention;technological service;research assistance;book production;writing stage;call center;local entrepreneur;Retail Sector;market failure;technological development;innovation financing;regulatory environment;credit condition;sovereign risk;equity value;regulatory burden;youth literacy;financial intermediation;empirical result;technological innovation;downstream activity;downstream activities;petroleum technology;green revolution;technology index;Financial Access;technology imports;Population Density;telephone density;air transport;logistics performance;foreign affiliate;license payment;subsidiary right;indian rupee;export opportunity;export opportunities;inflationary pressure;aluminum price;agricultural price;long-term growth;patent activity;applicable law;map projection;commodity market;banking crisis;poverty forecast;transmission channel;adaptive capacity;innovative output;immunization rate;sanitation technology;high-tech product;property registry;telecommunications regulatory;penetration level;Technological Adoption;normative analysis;domestic factor

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Citation

World Bank

Global economic prospects 2008 : technology diffusion in the developing world (English). Global Economic Prospects Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/827331468323971985/Global-economic-prospects-2008-technology-diffusion-in-the-developing-world