02667cam a22003254a 4500020001500000020001800015040000800033082002600041110001600067245008200083260004700165300003100212490003000243520158200273650003501855650001801890650004001908650003401948650002201982650004602004650002402050650003102074650001402105650004802119650004002167650003202207650002502239710001602264856006102280  a082137365X  a9780821373668  cDDC  a338 THE 2008 A074 Or.2 aWorld Bank.10aGlobal Economic Prospects 2008bTechnology Diffusion in the Developing World.  aWashington, D.C. :bThe World Bank,c2008.  a1 online resource (201 p.)1 aGlobal Economic Prospects3 aGlobal 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 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. 4aCurrencies and Exchange Rates. 4aDebt Markets. 4aEconomic Conditions and Volatility. 4aEconomic Theory and Research. 4aEmerging Markets. 4aFinance and Financial Sector Development. 4aFinancial Literacy. 4aICT Policy and Strategies. 4aIndustry. 4aInformation and Communication Technologies. 4aMacroeconomics and Economic Growth. 4aPrivate Sector Development. 4aTechnology Industry.2 aWorld Bank.40uhttp://elibrary.worldbank.org/content/book/9780821373651