The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish ??? especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the...

Global Economic Prospects 2008: Technology Diffusion in the Developing World 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...