WORLD BANK Press release
June 10, 2015
Impending rise in US interest rates could reduce capital flows, spur financial market volatility in developing countries
WASHINGTON, June 10, 2015 – Developing countries face a series of tough challenges in 2015, including the looming prospect of higher borrowing costs as they adapt to a new era of low prices for oil and other key commodities, resulting in a fourth consecutive year of disappointing economic growth this year, says the World Bank Group’s latest Global Economic Prospects (GEP) report, released today. Tiếp tục đọc “Developing Countries Face Tough Transition in 2015 with Higher Borrowing Costs and Lower Prices for Oil & Other Commodities”