Global Economic Prospects 2007: Managing the Next Wave of Globalization Presented by the Lead Author Richard Newfarmer Economic Advisor, Trade Department, World Bank Thursday, 8th February, 2007, 10.00am ? 12.00noon Aberdares Room, KICC Imagine a world where developing countries are the key drivers behind global economic growth, where about half or more of the purchasing power of the global economy stems from the developing world, a world where the number of people living on less than $1 a day has fallen from 1.1 billion now to 550 million in 2030. These are the key messages of the Global Economic Prospects 2007: Managing the Next Wave of Globalization?a publication that has a lot of relevance to Kenya?s medium term development strategy, Vision 2030.=