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World Bank: Developing Countries Face 'Tough Challenges,' Global Economy Will Grow 2.8% This Year
Thursday, June 11, 2015 - 11:28am | 318Read More...The World Bank stated in its latest Global Economic Prospects (GEP) report on Wednesday that 2015 is gearing up to be the fourth consecutive year of disappointing economic growth, particularly for emerging economies. "Developing countries were an engine of global growth following the financial...
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World Bank Cuts Global Growth Forecast, Warns on Increased Stimulus
Wednesday, January 16, 2013 - 10:36am | 481Read More...The World Bank, in its semi-annual Global Economic Prospects Report, cut global growth forecasts for 2013 and warned nations on using stimulus to create a short-term boost to economic growth. The World Bank cut its 2013 GDP growth forecast to 2.4 percent from the previous 3 percent forecast, which...
