Thursday, June 9, 2011

Global Economic Prospects 2011: Maintaining progress amid turmoil

According to this World Bank report released in june 2011 the global financial crisis is no longer the major force dictating the pace of economic activity in developing countries. Rather, country-specific productivity and sectoral factors are now the dominant factors underpinning growth. The report has upheld an expectation of 6.5 percent growth for Botswana's economy in 2011, indicating that the country's trade balance could return to positive after nearly three years of running deficits. Click here to access the full report.

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