Developing world to suffer most from economic crisis
By: aljazeeraenglish
Posted: Mar 11 09
Witnessed: 808 times
Regions: Africa, China, United States
Issues: Labor, Poverty, Sustainable development
Tags: developing world, economic crisis, global crisis, human rights, sustainable development
A new report from the World Bank predicts a bleak future for the global economy.
It says trade will hit a record low ... and the economy will shrink for the first time in over 60 years.
As rich countries try and pump billions of dollars to kickstart their economies, it's the developing world, which will bear the brunt of the crisis. (March 9, 2009)
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