International experts from the World Bank, presented the report describing the local and global economic geography.
History shows that major crises can lead nations to adopt an inward-looking, sometimes with negative consequences. In the World Development Report 2009: A new economic geography, it is argued that the most effective policies to promote long-term growth are those that facilitate the geographical concentration of economic integration within the same country and between countries.
The new World Development Report questions the assumption that economic activities should be widely distributed geographically to benefit the poorest and vulnerable in the world, which can inhibit growth and does little in the fight against poverty. Accelerated and Shared growth requires governments to promote economic integration, which essentially is about the mobility of people, goods and ideas.
"Throughout history, mobility has helped people to escape the tyranny of geography or poor governance," said Gill. The report sees this as part of a vital process of economic integration, since the mobility of people and goods is the cornerstone of an inclusive and sustainable globalization.
The World Development Report reconfigures the policy debates that include all the instruments of integration: common institutions, connective infrastructure and targeted interventions.
By common institutions, the report means regulations affecting the land, labor and trade, and social services as education and health, financed through taxes and transfers.
The concept of infrastructure includes roads, railways, ports, airports and communication systems. Interventions programs include elimination of slums, provision of special tax incentives to businesses and preferential trade access for poor countries.
According to the report, "geography matters greatly in determining what is necessary or unnecessary, and what is doomed to failure. Through a well-calibrated mix of these policies, developing countries can reshape their economic geography, much as it did in the past the current high-income economies. If they do this well, "concludes the report.
is important consider the proposals of the World Bank, as these will be considered by different countries when developing policies of different kinds. According to the report, to facilitate mobility in order to improve economic integration, and even within countries, it becomes a constant challenge. Consider it necessary to learn from the experience of developed cities on the issue of mobility in order to avoid making the same mistakes, and even better, not waste energy alternatives that go against the global megatrends.
This report and related materials are available to the public in http://www.worldbank.org/wdr2009 .
Presentation of Global Development at the University Icesi
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