Zoellick is expected to enter a new phase of the global economy risk

Zoellick is expected to enter a new phase of the global economy risk

According to Alalam.ir Website : He said, "that the financial crisis in Europe has become a sovereign debt crisis with serious implications for the monetary union, banks and the competitiveness of some countries"And World Bank President said "The United States faces questions of debt and spending and tax reform to support private sector growth"In the framework of the "current international situation with the slow growth and lack of confidence," Zoellick urged China to speed up the transition from a focus on investment and exports to a broader model gives a place of consumption and renewal, as well as for "social integration of the population lived to the division between the urban and rural areas"He pointed out that "in July of this year ranked the World Bank Group China in the category of middle-income economies, the riseAnd China in a position to join the groups of countries with rising incomes within 15 years or the next 20 years " ...
Original Text At Alalam.ir