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:   7 Obstacles to Ending Rape Culture (news)
The Daily Vox
30 June 2016

The Soul City Institute held a panel discussion on sexual violence and women's voices on Wednesday morning at their offices in Johannesburg. The four panellists who took part were Unathi Maphipha ... [read more]

South Africa:   DJ Black Coffee to Work with U.S. Singer Alicia Keys (news)
allAfrica.com
30 June 2016

Nkosinathi Maphumulo, popularly known as DJ Black Coffee, is set to collaborate with award-winning singer-songwriter, Alicia Keys. According to Sunday Times, DJ Black Coffee confirmed that the pair ... [read more]

South Africa:   Late Musician Mgqumeni's Impersonator Jailed for Rape (news)
allAfrica.com
30 June 2016

Sibusiso Gcabashe has been sentenced to 22 years in prison for impersonating late Maskandi musician Khulekani 'Mgqumeni' Khumalo. The Maskandi muso impersonator made headlines in 2012 after claiming ... [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!