The Bankwatch

Tracking the consumer evolution of financial services

World Bank updates Global economic prospects downward

This revised forecast shifts from 2010 recovery,to an uncertain 2010 recovery.  Read through for data and forecasts on your country.

World Bank updates global forecast

This update of the projections in the World Bank’s Global Economic Prospects report (GEP) of December 2008, reflects the rapid  deterioration in financial and economic conditions—and the increasingly negative interaction between weakening economies and fragile financial systems—that have come to the fore since late 2008 for virtually every country in the world.

gep-update-march30-2009 PDF

Written by Colin Henderson

April 17, 2009 at 19:23

Posted in economy

Tagged with , ,

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