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New World Bank Report: Global Economy Continues to Strengthen This Year and Through 2015

June 12, 2013

Risks from advanced economies have eased and growth is firming, despite ongoing contraction in the Euro Area. However, the pick-up in developing countries will be modest because of capacity constraints in several middle income countries, says the World Bank in the newly-released Global Economic Prospects (GEP) report. Lead Author of the report, Andrew Burns explains why the global economy is beginning to strengthen this year and through to 2015.