World Bank forecasts slower growth

17 January 2012 Last updated at 23:10 ET Help

In its latest report, Global Economic Prospects, the World Bank has lowered its forecasts for the global economy in 2012.

It warns that the impact of the eurozone crisis and weakening growth will impact developing countries.

The report's author warns developing countries to "hope for best but prepare for the worst".

Andrew Burns, Manager of Global Macroeconomics and lead author of the report, has been speaking to the BBC.

bbc.co.uk navigation

BBC © 2012 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.