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World Bank Warns of ‘Lost Decade’ Due to Slow Economic Growth

april 03, 2023by Reacties uitgeschakeld voor World Bank Warns of ‘Lost Decade’ Due to Slow Economic Growth

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In a grim report issued last week, the World Bank warned of a slow-growth crisis in the global economy that could persist over the coming decade unless governments worldwide adopt what it calls ‘sustainable, growth-oriented policies.’

The World Bank report says that global growth in gross domestic product between 2022 and 2030 is on track to decline to about 2.2%, down one-third from the rate that applied between

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