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Financial Crisis Hits Poor Countries, Too

Posted on December 10, 2008 by Dan Sadowsky

Developing countries aren't spared from the pain caused by the global financial crisis, according to a new World Bank report.

In releasing its Global Economic Prospects 2009 yesterday, the bank posted a press release that began: "The world financial crisis has dimmed short-term prospects for developing countries ...."

Today's Wall Street Journal includes a short, accessible story about the report.

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Yale Global Online - Fri, 02/03/2012 - 10:17
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