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The effect of the global financial crisis on low-income countries

Atos Consulting

Evidence is increasing that the global recession is having a particularly strong effect on the world’s poorer countries, which have fewer ways to protect themselves. The World Bank has predicted that 53 million more people will fall into poverty in 2009 (defined as subsistence living on less than 1.25 dollars a day), which comes on top of “soaring...
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