May 30, 2008

World Development Indicators

In a recent release from the World Bank, the institution unveiled the World Development Indicators (WDI) publication which is the World Bank's premier annual compilation of data about global development.

From the publication, some interesting facts emerge.

“Developing economies now produce 41 percent of the world's output, up from 36 percent in 2000"

“The combined output of the world's economies reached $59 trillion in 2006.”

China now ranks as the second largest economy in the world, and 5 of the 12 largest economies are developing economies.”

Are any of these facts surprising to anyone?,,contentMDK:21726167~pagePK:64257043~piPK:437376~theSitePK:4607,00.html,,contentMDK:21725423~pagePK:64133150~piPK:64133175~theSitePK:239419,00.html

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