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:   Long Walk to Education (news)
GroundUp
29 July 2014

Ambition without education is like a boat on dry land. Many young learners in Nqutu, KwaZulu Natal know this well. To make sure they realize their dreams everyday they walk for hours to receive an ... [read more]

Afrique du Sud:   Le syndicat Numsa appelle à la reprise du travail (news)
Radio France Internationale
29 July 2014

En Afrique du Sud, le syndicat Numsa appelle les ouvriers de la métallurgie à reprendre le travail dès ce 29 juillet, après avoir trouvé un accord avec le patronat. ... [read more]

South Africa:   Metalworkers' Strike Over (news)
South African Press Association
29 July 2014

The strike in the metals and engineering sector ended on Monday, after both the National Union of Metalworkers of SA (Numsa) and Solidarity accepted a wage offer. [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!