Trade. Doing Business with the World - The new role of corporate leadership in global development. Geneva, September 2007. World Business Council for. Sustainable Development. Overview. The global view Snapshots of recent growth. The global view. Over three consecutive years of
Doing Business with the World - The new role of corporate leadership in global development
Geneva, September 2007
World Business Council for
Over three consecutive years of
broad-based global economic growth
The growth rate of output in developingeconomies (6.9%) was double
that of developedeconomies (3.0%).1
Yet 44 developing countries did not reachgrowth rates above 3% in GDP per capita.1
Source: World Bank. 2007. Global Economic Prospects. http://siteresources.worldbank.org/INTGEP2007/Resources/GEP_07_Overview.pdf
Diverging trends in
The developing country share in world merchandise exports reached 31% in 2004, its highest since 1950.4
Real merchandise trade growth
by region, 20041(Annual percentage change)
Oilprices continue to rise2
1World Trade Organization. 2005 Press Release. ”Developing countries’ goods trade share surges to 50-year peak.”
2World Bank. 2007. Global Economic Prospects. 2007
What are the needs?
What are the barriers to trade?
Source: World Bank/IFC. Doing Business in 2006.
Changes in OECD OTRI between 2002 and 2005: as tariffsfall, non-tariffpoliciesbecome more important
High-income countries’ OTRI,
overall and toward low income countries, 2005
Source for graphs: The International Bank for Reconstruction and Development and The World Bank. 2006. Global Monitoring Report 2006.
For business, investing in improvedhealthsystemscan: