Global Economic Prospects: World Bank predicts GDP in developing countries at 6.3% in 2011; High-income countries will slow to 2.2%
Jun 8th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Global Economic Prospects: The World Bank in its latest analyses on the global economy published today, predicts that as developing countries reach full capacity, growth will slow from 7.3% in 2010 to around 6.3% each year from 2011-2013. High-income countries will see growth slow from 2.7% in 2010 to 2.2% in 2011 before picking up to 2.7% and 2.6% in 2012 and 2013 respectively.