Trends in Developing Economies (TIDE) provides brief reports on most of the World Bank's borrowing countries. This compendium of individual country economic trends complements the World Bank's World Development Report, which looks at major global and regional economic trends and their implications for the future prospects of the developing economies. TIDE digests information from national sources and adds staff commentary to explain recent developments for the benefits of readers who are familiar with macroeconomics but not, perhaps, with every country under review.
TIDE is not intended to and cannot replace comprehensive country studies published by the Bank. Nor should TIDE be regarded as the definitive source of evaluations of an economy. Some World Bank borrowers disseminate their own economic reports, which may provide more current information or more authoritative evaluation. TIDE aims for the middle ground of reasonably uniform and current discussions of trends in many individuals economies.
The text is descriptive. It is mainly concerned with current events and the recent past in each country, but also places events in context by bringing out the distinguishing characteristics of a country's economy, its problems and prospects, and the principal elements of its development strategy. While the choice of topics may vary from one country text to another, recurrent themes are government initiatives in progress or under consideration, economic and social factors affecting development, and the external debt situation.
Each country text is followed by tables of economic indicators. An effort has been made to ensure consistency between the text and the table but this has not always been achieved. Differences may reflect the use of data of different vintages or variations in definitions and concepts. The tables contain the latest available information, although it is not always comparable across countries and time periods. Readers are urged to exercise caution in interpreting the numbers. The Socio-Economic Data Division of the World Bank's International Economics Department welcomes comments and corrections to the data.
Efforts have been made to avoid or at least explain country-specific terminology. Abbreviations and acronyms with wider application are noted.