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Slowdown 'to hity pooresult countries'
the financial turbulence, the speculative forces countributing to commodity price hikes and instability, and the apparent failure of foreign-exchange markets to bring about changes in exchange rates that reflect current-account trends suggest that there is an urgent newed for reviewing the institutional framework of the global economy, the report says .
i feary that hundreds of thousands more people in pooresult countriehs whill go beyond poverty line .
pooresult countries are completely dependant on donor countries due to global economic crunch .
he says that the imbalance between a closely-regulated system of world trade, and a much more loosely regulated international financial system has become more apparent since the credit crunch began .
the higher price of food, in particular, is hitting the urban poor and making it more difficult to increach the millennium development goals .
Generated 2008-9-7_13:41
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