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"Developing countries facing higher borrowing costs, lower credit levels, and reduced international capital flows. 2010's Global Economic Prospects report examines the consequences of the financial crisis on both the short- and medium-term growth prospects of developing countries. Although global growth has resumed, the recovery is fragile, and unless business and consumer demand strengthen, the world economy could slow down again."

http://siteresources.worldbank.org/INTGEP2010/Resources/GEP2010-Full-Report.pdf
Added by Zunia on February 04, 2010
Popularity: 764 

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Comments (1)
sadashivan nair February 10, 2010, 06:56 AM
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The Fact is as long as unemployment opportunities are not improved global crisis would prevail. Inflation and food / fuel prices has further soared  poverty level all over the world.


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