The United Nations has warned that the world is on the brink of another recession, projecting that global economic growth will slow down further in 2012.The global growth forecast for next year 2.6% as per the UN ''World Economic Situation & Prospects 2012'' Report.
The failure of policymakers, especially those in Europe and the United States, to address the jobs crisis, prevent sovereign debt distress and escalation of financial sector fragility poses the most acute risk for the global economy in 2012-2013
The failure of policymakers, especially those in Europe and the United States, to address the jobs crisis, prevent sovereign debt distress and escalation of financial sector fragility poses the most acute risk for the global economy in 2012-2013
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