Finance and development ministers from around the world this week will warn of considerable downside risks to the global economy, and call for an effort to protect the world’s poor, according to the draft of a communique they plan to …
The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial markets, the World Bank predicted in a report on …
Political risk insurance against conflict or breach of contract has become a key factor for investors seeking higher returns in developing markets in Africa, Asia and the Middle East. Indeed, the euro zone economic crisis and low returns in other …
World Bank President Jim Yong Kim on Wednesday warned that most regions of the world will be hurt by the debt crisis enveloping the euro zone and said it was vital to protect the strong economic gains of the past …
China’s economy is near a turning point that demands that it relax its grip on industry and move towards free markets, the World Bank said on Monday as it forecast the country would become the world’s largest economy by 2030. …
