Amazon Deals

Follow by Email

Followers

Your Ad Here

2009 a "very dangerous year" - World Bank's Zoellick





World Bank President Robert Zoellick warned on Saturday of the consequences of an expected steep decline in economic growth across the world this year.

"I think 2009 is going to be a very dangerous year," Zoellick told a conference in Brussels, citing World Bank forecasts of a spike in infant mortality associated with the economic crisis, and a fall-off in world trade.

Zoellick proposed that the Group of 20 major and emerging economies -- whose leaders are due to meet in London next month -- establish a review process to see whether further stimulus measures would be needed to kickstart recovery.

No comments:

Loading...