... in the ratio of the current accountbalance to GDP (from –4.4 percent in 19 98 to–0 .8 percent in 2002) resulting from a reduc-tion of the region’s borrowing needs and the GLOBAL ECONOMIC PROSPECTS 240creases. ... 0.2Exports 54, 186 60,996 76,163 90,394 86 ,82 3 88 ,974 0 .8 2.4 1.7Cocoa (Thousand tons)Production 1,554 1,695 2,506 2 ,81 2 2 ,85 0 2,996 0.5 4.6 1.2Grindings 1,4 18 1,556 2,335 3,014 2 ,85 8 2,976 0.2 ... slowdown in the devel-oped world, relatively high oil prices in the first part of 2003, and the SARS outbreak in the region, dampened the pace of the regionalrecovery in the first half of 2003....