"The risks from this situation are substantial, especially for developing countries that have remained remarkably resilient thus far. But we can't wait for a return to growth in the high-income countries, so we have to continue to support developing countries in making investments in infrastructure, in health, in education. This will set the stage for the stronger growth that we know that they can achieve in the future."
The World Bank urges developing countries to ensure their fiscal and monetary policies robust and responsive to domestic conditions instead of trying to anticipate every fluctuation in developed countries.
Last year developing countries recorded among their slowest economic growth rates of the past decade, partly due to the Euro zone debt crisis. International capital flows to developing countries fell 30 percent in the second quarter of last year.
The World Bank also points out that the hope of a U-shaped recovery of the global economy is changing to a W-shape, meaning it will take longer time to recover.
For CRI, this is Xiaohong, reporting from Washington.
【2017年冲刺高考CRI英语听力素材练习(word):Developing Countries Urged to Safeguard Growth】相关文章:
★ 安徽省淮南市2014高考英语一轮单项选择及文章训练(14)及答案
★ 2014年牛津译林版高中英语总复习(第1轮)同步练习 M5《Unit 3 Science and nature》
★ 北京市2014高考英语一轮复习 练习手册(22)必修5 Unit 2 The United Kingdom(含解析)新人教版
★ 安徽省淮南市2014高考英语一轮单项选择及文章训练(17)及答案
★ 【人教版】2014届高考英语一轮复习指导考点针对练:选修7 unit2《Robots》
★ 【人教版】2014届高考英语一轮复习指导考点针对练:必修2 unit2《The Olympic Games》
★ 【人教版】2014届高考英语一轮复习指导考点针对练:必修2 unit3《Computers》
最新
2017-04-24
2017-04-24
2017-04-24
2017-04-24
2017-04-21
2017-04-21