World Bank: Countries must strengthen own economies
The World Bank has warned developing nations that they should prepare for lower levels of growth this year, as a result of the eurozone crisis.
Hans Timmer, a director of development prospects at the World Bank, said developing countries must expect growth to remain low in Europe, which could cause problems within their own markets.
Mr Timmer therefore called on developing countries to focus more on strengthening their own domestic policies in order to boost production levels at home.
12 Jun 2012
- From the section Business