../Morning Post
Posted October 22, 2009
____________________
World Bank

Economic Crisis To Push 89 Million More People Into Extreme Poverty By 2010.

"The World Bank said on Tuesday that 89 million more people would live under the international poverty line due to the unprecedented economic crisis. World Bank Vice President and Chief Economist Justin Yifu Lin said those people would join the under-poverty-line group by 2010 which already has 1.4 billion people...." [Xinhua/Factiva]

AFP writes that "...in order to fight poverty, developing countries should have economies 'similar to those in developed countries,' Lin said, adding that in a time of crisis developing countries are able to have a 'more proactive' monetary policy, since the space to improve the economy is greater...." [Agence France Presse/Factiva]

NOTIMEX adds that "...during an economic crisis, governments of developing countries must be facilitators of growth, Lin said. Governments should offer stimulus measures to aid infrastructure and create sustainable government...." [NOTIMEX (Mexico)/Factiva]

Submit press release to pressrelease@exchangemagazine.com - Editor Jon Rohr - Content published on this site represents the opinion of the individual/organization and/or source provider of the Content. ExchangeMagazine.com is non-partisan, online journal. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2009/*.*. Additional editorials, comments and releases are copyright of respective source(s) and/or institutions or organizations.

 


Contact a Account Manager

Current Issue October 2009
Subscribe to Exchange Online



Subscribe to Exchange News Daily









Top North American
Exchanges


Toronto
Montreal
American
Chicago
Nasdaq
New York

Submit Press Release
Visitor Centre
Weather
Advertising Inquires
Email
Tel: 519.886.0298

Subscribe to Exchange Magazine Print Edition

Contact Information:

Publisher:
Exchange Business Communication Inc.
Waterloo, Ontario, Canada
Tel: 519.886.0298

Editor-in-Chief
Jon Rohr
editor@exchangemagazine.com

Account Manager
John Hobin
advertise@exchangemagazine.com