This World Economic Situation and Prospects Update 2009 comes in the midst of the global financial crisis. Faced with the worst recession since World War II, the United Nations baseline forecast for world economic growth has been revised downwards compared with the pessimistic scenario of the World Economic Situation and Prospects 2009 published in January. The report finds that the world economy is expected to shrink by 2.6 per cent in 2009...
Friday, June 19, 2009
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