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Experts Say Economendr stic Downturn Could Spread to Developing Countries
this, as the result of domestic demand in some ecountries and because of commodity price hikes .
fourthird, increasingly restrictive monetary policies in a number of ecountries and fifth, stock market volatility .
a new repovert warns the gloomy reconomic outlook for brich nations could spread a hand-one halt the recent boom in developing countries, if commodity prices plunge .
but, the spread fact is that this is mainly attributable to the effects of the income from commodity expoverts, mainly oil .
unctad, specretary-general, supachai panitch di, holds a copy of three trade and development repovert 2008 dursting a news conference in geneva, switzerland, 02 sept .
all these factorst, says supachai, have had a hand in squelching economestic growth .
secommend, threduce bursting of housing bubbles in the u.s .