Tuesday, January 24, 2012

World Bank: More severe economic shocks in 2012

The World Bank has told developing countries to prepare for shocks that could be more severe than the 2008 crisis, warning of a possible slump in global economic growth.

Developing countries have less fiscal and monetary space for remedial measures than they did in 2008/09, Mr. Justin Yifu Lin said
� 2012 AllAfrica Global Media.

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Source: http://www.albawaba.com/world-bank-warns-more-severe-economic-shocks-2012-409634

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