strong growth in developing economies real gdp annual percent change forecast 2008 source: world...
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1980 1985 1990 1995 2000 2005
Strong growth in developing economiesStrong growth in developing economies
Real GDP annual percent change
Forecast
2008
Source: World Bank
Average growth rate
1980s
2000s
1990s
A turning point in global imbalancesA turning point in global imbalances
Current account balance, billions of dollars, 2002 and 2006, 2008
Source: World Bank.Source: World Bank.
-1000
-800
-600
-400
-200
0
200
400
USA Europe Japan Other HIC East Asia &Pacific (ex
China)
China Europe &Central Asia
OtherDeveloping
2002
2006
2008
Globalization increases developing countries share Globalization increases developing countries share in world tradein world trade
0
5
10
15
20
25
30
1980 2005 2030
US$2001 trln.
Source: World Bank simulations with Linkage model.Source: World Bank simulations with Linkage model.
Exports from developing and developed countries, 2005-2030Exports from developing and developed countries, 2005-2030
Developing countries
High-income countries
$27 trln
32%
45%
22%
Globalization to triple developing members in global Globalization to triple developing members in global middle classmiddle class
0
200
400
600
800
1000
1200
1400
2000 2030
South Asia
Europe & Central Asia
East-Asia
Individuals residing in a developing country earning a middle income (million)
Latin AmericaLatin America
Middle EastMiddle East
Africa