New World Bank Report: Global Economy Continues to Strengthen This Year and Through 2015

well i wish you the global economy beginning to strengthen their this year in through to 2015 with her. Very slow browsing ie 10 countries only 1.2 percent if you're going straight into about 2.3 percent by the end of projection. For the global economy is all that translates into 2.2 percent growth this year strengthening to 3.3 percent growth by 2015 developing countries maidstone 5.1 percent this year going to about 5.7 pretend at the end of the project in periods for that much stronger growth in high income countries it is significantly slower than we build a custom 2 in the pre-crisis. We see this slower growth still bastille strong as something of a new normal for developing countries with situations the world he is
evolving of last couple years eve in focused on risk coming from heighington world possibly the euro area crisis possibility of a situation in the fiscal cliff in the us does a very much to the side now in usa coming to the fore talking more about the conjuring said dr tapering off of qualitative using my hair for developing countries higher interest rates mean to the strong winds we see in developing countries were also is happy in commodity markets are commodity prices weakening as we see the real could that accelerate in will that have impact for developing countries help in countries are going to be robust to these changes but nevertheless the order cause for concern we sing to policy makers need to start a shift in focus on the external world war 2 the domestic preparedness for the use it more difficult situations going forward will be a closer look for the euro area​  will be a girl so much for the euro area has been downgraded we're looking at by minus 0.1 percent in january currently working at minus 0.681 miele reflection of the very weak fourth-quarter week first quarter numbers in the euro area where are signs of strengthening in that expected to see gross move into the positive territory for the second half of this year in 2014 2015 very muted girls pattaya expecting in some says it is a pessimistic scenarios are there is the possibility of an upside but when we look at the situation the euro area over the last several years is been very difficult and there's a lot of difficulty adapting expectations towards a stronger growth that happened so we can expect really a significant improvement in conditions in europe​