{"id":"https://openalex.org/W2139178123","doi":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","title":"Global Economic Prospects and the Developing World","display_name":"Global Economic Prospects and the Developing World","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W2139178123","doi":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","mag":"2139178123"},"language":"en","primary_location":{"id":"doi:10.1111/j.1758-5899.2010.00070.x","doi":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","pdf_url":null,"source":{"id":"https://openalex.org/S17594912","display_name":"Global Policy","issn_l":"1758-5880","issn":["1758-5880","1758-5899"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Policy","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5011442381","display_name":"Jos\u00e9 Antonio Ocampo","orcid":"https://orcid.org/0000-0001-8025-6492","observed_orcids":["https://orcid.org/0000-0001-8025-6492"]},"institutions":[{"id":"https://openalex.org/I78577930","display_name":"Columbia University","ror":"https://ror.org/00hj8s172","country_code":"US","type":"education","lineage":["https://openalex.org/I78577930"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Jos\u00e9 Antonio Ocampo","raw_affiliation_strings":["Columbia University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Columbia University","institution_ids":["https://openalex.org/I78577930"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5011442381"],"corresponding_institution_ids":["https://openalex.org/I78577930"],"apc_list":{"value":4200,"currency":"USD","value_usd":4200},"apc_paid":null,"fwci":2.3713,"has_fulltext":false,"cited_by_count":20,"citation_normalized_percentile":{"value":0.9152063,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"2","issue":"1","first_page":"10","last_page":"19"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9643999934196472,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9643999934196472,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.020600000396370888,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T14112","display_name":"Economic, financial, and policy analysis","score":0.006300000008195639,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.718999981880188},{"id":"https://openalex.org/keywords/great-recession","display_name":"Great Recession","score":0.9470000267028809},{"id":"https://openalex.org/keywords/emerging-markets","display_name":"emerging markets","score":0.8460000157356262},{"id":"https://openalex.org/keywords/global-economic-growth","display_name":"global economic growth","score":0.6800000071525574},{"id":"https://openalex.org/keywords/multilateral-trading-system","display_name":"multilateral trading system","score":0.8489999771118164},{"id":"https://openalex.org/keywords/center-periphery-relations","display_name":"center-periphery relations","score":0.9010000228881836},{"id":"https://openalex.org/keywords/domestic-demand","display_name":"domestic demand","score":0.8330000042915344},{"id":"https://openalex.org/keywords/global-imbalances","display_name":"global imbalances","score":0.9319999814033508},{"id":"https://openalex.org/keywords/global-financial-safety-net","display_name":"global financial safety net","score":0.8809999823570251},{"id":"https://openalex.org/keywords/balance-of-payments-financing","display_name":"balance of payments financing","score":0.7919999957084656},{"id":"https://openalex.org/keywords/export-led-growth","display_name":"export-led growth","score":0.8600000143051147},{"id":"https://openalex.org/keywords/current-account-deficit","display_name":"current account deficit","score":0.9089999794960022},{"id":"https://openalex.org/keywords/macroeconomic-policy-coordination","display_name":"macroeconomic policy coordination","score":0.949999988079071},{"id":"https://openalex.org/keywords/financial-regulation","display_name":"financial regulation","score":0.8119999766349792},{"id":"https://openalex.org/keywords/international-capital-flows","display_name":"international capital flows","score":0.9580000042915344}],"concepts":[{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.6603261828422546},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6152833700180054},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.6096201539039612},{"id":"https://openalex.org/C2777098093","wikidata":"https://www.wikidata.org/wiki/Q473750","display_name":"World economy","level":2,"score":0.529870867729187},{"id":"https://openalex.org/C195742910","wikidata":"https://www.wikidata.org/wiki/Q176494","display_name":"Recession","level":2,"score":0.47422146797180176},{"id":"https://openalex.org/C2779015050","wikidata":"https://www.wikidata.org/wiki/Q574833","display_name":"Global financial system","level":3,"score":0.45879337191581726},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.4519389569759369},{"id":"https://openalex.org/C2993232446","wikidata":"https://www.wikidata.org/wiki/Q8137","display_name":"Private capital","level":3,"score":0.4366755187511444},{"id":"https://openalex.org/C98788525","wikidata":"https://www.wikidata.org/wiki/Q3521685","display_name":"Global recession","level":3,"score":0.4219720959663391},{"id":"https://openalex.org/C19244329","wikidata":"https://www.wikidata.org/wiki/Q208697","display_name":"Financial market","level":2,"score":0.4070636034011841},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.32120460271835327},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2446364164352417},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23782134056091309},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.15454763174057007},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.1256043016910553},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.10635256767272949},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C95457728","wikidata":"https://www.wikidata.org/wiki/Q309","display_name":"History","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1758-5899.2010.00070.x","doi":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1758-5899.2010.00070.x","pdf_url":null,"source":{"id":"https://openalex.org/S17594912","display_name":"Global Policy","issn_l":"1758-5880","issn":["1758-5880","1758-5899"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Global Policy","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.48510000109672546}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":16,"referenced_works":["https://openalex.org/W1489744250","https://openalex.org/W1546213101","https://openalex.org/W1553181881","https://openalex.org/W1560162666","https://openalex.org/W1564571349","https://openalex.org/W1570474648","https://openalex.org/W1826668666","https://openalex.org/W1947373164","https://openalex.org/W2070961453","https://openalex.org/W2073294320","https://openalex.org/W2140019747","https://openalex.org/W2167418099","https://openalex.org/W2492402596","https://openalex.org/W3023420682","https://openalex.org/W4252208389","https://openalex.org/W4255497237"],"related_works":["https://openalex.org/W2112047394","https://openalex.org/W2475999652","https://openalex.org/W7053647987","https://openalex.org/W58198737","https://openalex.org/W4233294197","https://openalex.org/W7207052318","https://openalex.org/W7098244027","https://openalex.org/W1570981093","https://openalex.org/W4206712511","https://openalex.org/W7019512219"],"abstract_inverted_index":{"Abstract":[0],"This":[1],"article":[2],"argues":[3,113],"that":[4,28,53,114,219,329],"a":[5,64,136,247,277,296],"large":[6,271],"group":[7],"of":[8,69,87,102,138,151,163,174,181,188,191,217,232,234,258,298,303,326,372,379,391,398,405,408],"developing":[9,40,155,274],"countries":[10,199,275],"did":[11],"relatively":[12],"well":[13],"during":[14,262],"the":[15,20,29,39,60,74,85,88,100,107,115,119,148,164,175,204,230,281,307,321,345,354,370,380,392],"Great":[16],"Recession,":[17],"thanks":[18],"to":[19,34,73,84,95,141,154,209,280,313],"broader":[21],"room":[22,206],"for":[23,118,160,207],"countercyclical":[24,211],"macroeconomic":[25,182,212,382,399],"policies,":[26],"and":[27,99,144,185,242,383,402],"world":[30,41,70,89,110,120,282],"economy":[31],"will":[32],"continue":[33],"be":[35,201,244,310,342],"more":[36],"dependent":[37],"on":[38,128,288,311],"than":[42,286,319],"any":[43],"we":[44],"have":[45,221],"known":[46],"in":[47,59,93,123,224,305,331,333],"history.":[48],"However,":[49,215,348],"it":[50,112,134],"also":[51,79],"claims":[52],"major":[54,81,125,161,278,292],"emerging":[55],"economies":[56,126,293],"cannot":[57],"serve":[58],"immediate":[61],"future":[62,86,97,374],"as":[63,290,300,323],"strong":[65],"enough":[66],"alternative":[67],"engine":[68,302,325],"economic":[71],"growth":[72,269],"old":[75],"industrial":[76,272],"centers.":[77],"It":[78],"raises":[80,135],"questions":[82,139],"related":[83,140],"trading":[90],"system,":[91,178,395],"both":[92],"relation":[94],"its":[96,103],"dynamics":[98],"transformation":[101],"\u2018center\u2013periphery\u2019":[104],"character.":[105],"Given":[106],"problems":[108,158],"underlying":[109],"trade,":[111],"best":[116],"scenario":[117],"is":[121,276],"one":[122],"which":[124,306],"focus":[127,308],"their":[129],"domestic":[130,316],"demand":[131],"growth.":[132],"Finally,":[133],"series":[137],"global":[142,176,240,250,393],"imbalances":[143],"risks":[145],"associated":[146],"with":[147,203],"pro-cyclical":[149,366],"pattern":[150],"capital":[152,193,367,410],"flows":[153],"countries.":[156],"These":[157],"call":[159],"reforms":[162,173,378,390],"international":[165,346,381],"financial":[166,251,362,384],"architecture":[167,385],"(some":[168],"now":[169,358],"under":[170],"way),":[171],"notably":[172,389],"monetary":[177,394],"effective":[179,396],"mechanisms":[180,397],"policy":[183,400],"coordination":[184,401],"improved":[186,403],"regulation":[187,404],"finance,":[189,406],"including":[190,254,407],"cross-border":[192,409],"flows.":[194,411],"Policy":[195],"Implications":[196],"\u2022":[197,214,264,284,336,376],"Developing":[198],"should":[200,243,294,309,341],"provided":[202],"appropriate":[205],"maneuver":[208],"undertake":[210],"policies.":[213],"policies":[216],"\u2018self-insurance\u2019":[218],"they":[220,356],"increasingly":[222],"used":[223],"recent":[225],"decades,":[226],"though":[227],"useful":[228],"from":[229],"point":[231],"view":[233],"individual":[235],"countries,":[236],"can":[237],"generate":[238],"adverse":[239],"effects,":[241],"replaced":[245],"by":[246,270,344,361],"better":[248],"functioning":[249],"safety":[252],"net,":[253],"fairly":[255],"automatic":[256],"balance":[257],"payments":[259],"financing":[260],"facilities":[261],"crises.":[263,375],"Under":[265],"current":[266,338,351],"circumstances,":[267],"export-led":[268],"or":[273],"threat":[279],"economy.":[283],"Rather":[285],"focusing":[287],"trade":[289],"such,":[291],"pursue":[295],"strategy":[297,328],"\u2018growth":[299],"an":[301,324],"trade\u2019,":[304],"how":[312],"encourage":[314],"dynamic":[315],"markets,":[317,363],"rather":[318],"following":[320],"\u2018trade":[322],"growth\u2019":[327],"was":[330],"vogue":[332],"previous":[334],"decades.":[335],"Running":[337],"account":[339,352],"deficits":[340,353],"supported":[343],"community.":[347],"generating":[349,373],"these":[350],"way":[355],"are":[357,386],"being":[359],"pushed":[360],"through":[364],"massive":[365],"flows,":[368],"runs":[369],"risk":[371],"Major":[377],"called":[387],"for,":[388]},"counts_by_year":[{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":2},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
