Global Economic Prospects 2011: Recovery is slow but solid; Developing country growth at 6% - - more than double rate for high-income countries
Jan 13th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The world economy is moving on from a post-crisis bounce-back phase of recovery to slower but still solid growth this year and next. Global GDP, which expanded by 3.9% in 2010, is expected to slow to 3.3% in 2011, according to the World Bank’s Global Economic Prospects 2011 (GEP).