A report published 31 March by the Asian Development Bank says that Asian economic development has reached the slowest pace since the economic crisis in 1997-98, 3.4 percent, down from 6.3 percent in 2008 and 9.3 in 2007. The greatest concern is for the poor in the region, if Europe, the US and Japan do not start to recover in 2010. CNN
Posted by Ellen Wallace on 31 March 2009 at 9:43 |
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This work by genevalunch.com is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported.
News story, GenevaLunch, 31 March 2009.
Filed under: World news
Tags: Asia, Asian Development Bank Outlook 2009, economic growth, slowdown
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