Global Economic Prospects 2010: World Bank says recovery will slow as impact of fiscal stimulus wanes; Says crisis fallout will impact finance and growth over next 10 years
Jan 21st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Economic Prospects 2010: The global economic recovery that is now underway will slow later this year as the impact of fiscal stimulus wanes, according to a new report from the World Bank. Financial markets remain troubled and private sector demand lags amid high unemployment. The report predicts that the fallout from the crisis will change the landscape for finance and growth over the next 10 years.