Ayhan Kose on slowing growth in emerging economies

Global Business

After 4 years of disappointing growth, developing countries are expected to see 4.4 percent growth this year – falling short of World Bank estimates. Developing economies have played an increasingly important role in the global economy, outpacing high-income countries. This was particularly important in weathering the financial crisis, when developing countries kept the engines of global growth churning.
For more on slower growth in emerging economies, CCTV’s Philip Yin spoke to Ayhan Kose, author of the Global Economic Prospects report. He’s also Director of the World Bank’s Development Prospects Group.

Ayhan Kose on slowing growth in emerging economies

Ayhan Kose on slowing growth in emerging economies

After 4 years of disappointing growth, developing countries are expected to see 4.4 percent growth this year - falling short of World Bank estimates. Developing economies have played an increasingly important role in the global economy, outpacing high-income countries. This was particularly important in weathering the financial crisis, when developing countries kept the engines of global growth churning. For more on slower growth in emerging economies, CCTV's Philip Yin spoke to Ayhan Kose, author of the Global Economic Prospects report. He's also Director of the World Bank's Development Prospects Group.