Global Economic Prospects 2008 notes that rapid technological progress in developing countries has helped to raise incomes and reduce the share of people living in absolute poverty from 29 percent in 1990 to 18 percent in 2004. Despite these gains, the technology gap between rich and poor countries remains enormous, and the capacity of developing economies to adopt new technology remains weak. With the subtitle Technology Diffusion in the Developing World, the World Bank report notes that recent progress reflects increased exposure to foreign technologies. Visit the web site to download the report in full or to view the summary of key findings on technology diffusion. Permanent Link: Global Economic Prospects 2008 UN Pulse