Inflation will stunt global and EM growth - World Bank
Global growth is set to fall 1% this year as developing nations feel the pinch of rising inflation, a new World Bank study reveals.
The Global Development Finance 2008 report shows world GDP dipping from 3.7% in 2007 to 2.7% this year, with growth in developing countries slowing from 7.8% to 6.5%. Private capital flows to emerging...
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