Sunday, November 22nd, 2009

Posts Tagged ‘ Loan Demand ’

World Bank: Emerging Markets Will Take Brunt of First Global Economy Decline Since WWII

Mar 9th, 2009 | By Mike Caggeso | Category: Emerging Markets, Financial News

The World Bank estimates that the global economy will likely shrink for the first time since World War II – at least five percentage points below potential – and emerging markets will suffer the hardest hits with severe long-term implications.