WB report: Global Economic Prospects 2010

The World Bank (WB) released on 21 January the 2010 edition of its Global Economic Prospects publication.

 

According to the report the global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus wanes. Financial markets remain troubled and private sector demand lags amid high unemployment.

 

The report warns that while the worst of the financial crisis may be over, the global recovery is fragile. It predicts that the fallout from the crisis will change the landscape for finance and growth over the next 10 years.

 

The WB's full report (180 pages) is available on-line on the WB website, in English only. Click here.

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