This update of the projections in the World Bank's Global Economic Prospects report (GEP) of December 2008, reflects the rapid deterioration in financial and economic conditions and the increasingly negative interaction between weakening economies and fragile financial systems, that have come to the fore since late 2008 for virtually every country in the world. Global gross domestic product (GDP) is expected to contract by 1.7 percent in 2009, which...
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Global economic prospects 2009 : forecast update (Russian). Global Economic Prospects Washington, DC: World Bank. http://documents.worldbank.org/curated/en/666531468152396801