- News>
- World
World economy set for 1.5-percent growth next year: World Bank
The world economy is set to grow by about 1.5 percent next year, the president of the World Bank, James Wolfensohn, said in Paris on Tuesday.
The world economy is set to grow by about 1.5 percent next year, the president of the World Bank, James Wolfensohn, said in Paris on Tuesday.
Such growth would be far lower than growth in recent years, he said.
Economic experts thought that the problem in Europe, the United States and Japan, was the same, he said. This was the first time for many years that all three centres of the world economy had experienced problems at the same time.
Bureau Report
Economic experts thought that the problem in Europe, the United States and Japan, was the same, he said. This was the first time for many years that all three centres of the world economy had experienced problems at the same time.
Bureau Report