World Bank Lowers Projection for Economies

2,824 views · Published 10 June 2014 · 1:33 · Indexed 13 October 2026

Channel: World Bank Group · 2014 · Nonprofits & Activism

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http://www.worldbank.org/ - Developing countries are headed for a year of disappointing growth, as first quarter weakness in 2014 delays an expected pick-up in economic activity, according to the World Bank's Global Economic Prospects (GEP) report.  Bad weather in the US, the crisis in Ukraine, and political strife in several middle-income economies are all contributing to a third straight year of sub 5 percent growth in developing countries.

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