World Bank urges poor countries to boost growth

From Global development | The Guardian Tue Jan 15 2013, 20:00:01

Chief says poor countries cannot rely on high-income nations to drag them along

The World Bank has warned developing countries that they would need to be able to cope with a weak recovery in the west as it predicted a tentative and uneven recovery from the financial crisis of four years ago.

Highlighting the risks from a relapse in the euro area and from the political in-fighting in the US over the budget, the bank said poor countries needed to build up their economic strength because they could not rely on high-income countries to drag them along.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

South Africa:   Former Public Protector 'Not Interested in Being President' (news)
News24Wire
16 January 2017

Former Public Protector Thuli Madonsela has no desire to become the president of South Africa, she said at a Cape Town Press Club function on Monday. "I am neither qualified to be president, nor ... [read more]

South Africa:   Domestic Worker Braves Flames to Rescue Twin Toddlers (news)
News24Wire
16 January 2017

Twin toddlers are in a critical condition in a local hospital after a house fire in Durban North on Monday. The boy and girl, 3, were rescued from the burning building by their domestic ... [read more]

South Africa:   Party Members 'Must Face Integrity Commission', ANC Says (analysis)
News24Wire
16 January 2017

The ANC in the Western Cape says members named in former Public Protector Thuli Madonsela's state capture report should appear before the party's integrity commission to ease public fears. Acting ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!