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Whether the global economy continues to recover

Whether the global economy continues to recover? In this regard, the World Bank can only use three possible answer.

June 10, the World Bank report published in the summer (Global Economic Prospects Summer 2010), global economic trends to make three different projections within the year 2010-2012, the corresponding European sovereign debt crisis is the best to worst .

“The European debt crisis ‘second bottom’ increased a lot more likely than the beginning,” the World Bank forecast Secretary Hans Timmer said in Beijing that ” it is uncertain whether the global economy continues to recover  ”

before came to Beijing, Hansidimo just attended G20 Finance Ministers and Central Bank Governors Meeting held in Korea Busan,  although there are many differences  between participating countries whether the bank should be uniform global tax levy , but there are  highly consistent manner to continues to stimulate economic growth, Hansidimo said.that “Everyone realized how seriousness  the current  problem (the European sovereign debt) is.

the World Bank in 2010 and 2011 average growth rate of the global economy will reach 3.3%. Growth in developing countries will reach 6%. However, the Bank does not rule out further escalation of sovereign debt crises, and seriously affect the global economic recovery may be.

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