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Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank’s Global Development Horizons (GDH) report, which explores patterns of investment, saving and capital flows as they are likely to evolve over the next two decades.
Developing countries to dominate global saving and investment, but the poor will not necessarily share the benefits, says report
- Developing world’s share of global investment to triple by 2030
- China, India will be developing world’s largest investors
- Boost to education needed so poor can improve their well-being
Global Development Horizons 2013: Capital For the Future from WB_Research
In less than a generation, global saving and investment will be dominated by the developing world, says the just-released Global Development Horizons (GDH) report.
Africa Continues to Grow Strongly Despite Global Slowdown, Although Significantly Less Poverty Remains Elusive
WASHINGTON, April 15, 2013/African Press Organization (APO)/ – Economic growth in Sub-Saharan Africa is likely to reach more than 5 per cent on average in 2013-2015 as a result of high commodity prices worldwide and strong consumer spending on the continent, ensuring that the region remains amongst the fastest growing in the world — according to the World Bank’s latest Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects.
World Bank Group financing for power generation, transmission and distribution, and energy policy and regulatory reform has helped expand access to millions of households in over 60 countries. Bank Group financing, combined with advisory and analytical services, knowledge products, as well as policy support, has also helped launch and scale up renewable energy generation and energy efficiency at national, sub-national and municipal levels. During 2002-11, the Bank supported projects for the construction and rehabilitation of about 115,000 kilometers of transmission and distribution lines and about 19,000 megawatts of generation capacity to improve access to reliable energy.
More than 1.2 billion people—about 17 percent of the world’s population—are without access to electricity, most of them concentrated in about a dozen countries in Africa and Asia. Another 2.8 billion rely on wood, charcoal, dung and coal for cooking and heating, which results in over four million premature deaths a year due to indoor air pollution. Shortages in power supplies, and their unreliable and poor quality, due to underinvestment, are also major challenges facing developing countries.
With a CAGR of 6.8%, global market value for plastics in Industrial application sector is anticipated to be worth US$11.1 billion by 2015. Among the end-use segments, Plasticizers account for the largest share of the entire market, driving a CAGR of 6.2%.
New York, NY (PR.com)– With a CAGR of 6.8%, global market value for plastics in Industrial application sector is anticipated to be worth US$11.1 billion by 2015. On a global scale, Europe accounts for more than 30% of the market. While U.S. accounts for the largest share of the global market value on a country basis, India and Japan surpasses the U.S. in terms of growth rate anticipated in the near future and leads the world. Among the end-use segments, Plasticizers account for the largest share of the entire market, driving a CAGR of 6.2%, during the analysis period 2011-2016. Lubricants see as the fastest growing end-user with a forecast CAGR of approximately 8.1% by 2016, respectively.