Global growth to slow says Economist Intelligence Unit; Eritrea to be 2011 growth leader
Dec 17th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
2011: country by country, just published by the Economist Intelligence Unit, predicts that growth trends in the New Year will diverge between the rich and developing world. Global growth will slow as fiscal stimulus is withdrawn and emerging markets will continue, to a large extent, to shrug off the 2008-09 economic crisis. Eritrea, the former Italian colony, which won independence from Ethiopia in 1993 after a long bloody war, is set to become the world's top growth leader in 2011.