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the role of the state in an increasingly borderless world - Economic ...

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Table 1. <strong>Economic</strong> Perform<strong>an</strong>ce by Country Groups dur<strong>in</strong>g 1961-1999<br />

Country group<br />

1999 GDP<br />

per capita 1<br />

($US)<br />

1961<br />

-69<br />

Average <strong>an</strong>nual growth rates (%)<br />

1970<br />

- 79<br />

1980<br />

- 89<br />

1990<br />

-99<br />

1961<br />

- 79<br />

1980<br />

- 99<br />

Develop<strong>in</strong>g countries 2<br />

1,301<br />

2.9<br />

3.4<br />

1.6<br />

1.5<br />

3.2<br />

1.5<br />

East Asia & Pacific<br />

1,177<br />

2.4<br />

5.0<br />

5.7<br />

5.8<br />

3.8<br />

5.8<br />

South Asia<br />

446<br />

1.8<br />

0.5<br />

3.5<br />

3.4<br />

1.1<br />

3.4<br />

Europe & Central Asia<br />

2,135<br />

n.a.<br />

n.a.<br />

n.a.<br />

-2.6<br />

n.a.<br />

n.a.<br />

Middle East &<br />

North Africa<br />

1,979<br />

n.a.<br />

n.a.<br />

-1.2<br />

1.3<br />

n.a.<br />

0.0<br />

Lat<strong>in</strong> America <strong>an</strong>d<br />

Caribbe<strong>an</strong><br />

3,763<br />

2.4<br />

3.3<br />

-0.1<br />

1.2<br />

2.9<br />

0.5<br />

Sub-Sahar<strong>an</strong> Africa<br />

561<br />

2.4<br />

1.0<br />

-0.6<br />

-0.9<br />

1.7<br />

-0.7<br />

Developed countries 3<br />

28,892<br />

4.4<br />

2.9<br />

2.4<br />

1.6<br />

3.6<br />

2.0<br />

High-<strong>in</strong>come OECD<br />

29,578<br />

4.4<br />

2.9<br />

2.4<br />

1.5<br />

3.6<br />

1.9<br />

World 5,439 3.4 2.1 1.4 0.9 2.7 1.2<br />

Source: Adapted from World B<strong>an</strong>k (2001)<br />

Note: 1. Const<strong>an</strong>t 1995 US$<br />

2. Equivalent to ‘low- <strong>an</strong>d middle-<strong>in</strong>come economies’ <strong>in</strong> <strong>the</strong> World B<strong>an</strong>k<br />

classification<br />

3. Equivalent to ‘high-<strong>in</strong>come economies’ <strong>in</strong> <strong>the</strong> World B<strong>an</strong>k classification<br />

24

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