Q&A: Can Emerging Economies Still Power a Global Recovery?
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Q&A: Can Emerging Economies Still Power a Global Recovery?

March 2, 2012

The great recession of 2007-09 has left permanent scars, the global recovery has lost steam, and policy makers around the world are struggling to restore stability and confidence.  The remarkable role that emerging markets have played as engines of global recovery is no longer certain. While the 5.4 percent growth predicted for developing countries in 2012 is still high compared with the 1.4 percent expected for high-income countries, this is down almost two percentage points in just two years.

Are emerging markets still capable of saving the global economy? What can the industrialized world do to help ensure that robust global growth is restored? What is the role of government in bringing the world economy back on track?
On March 2, 2012 Otaviano Canuto, Vice President of the World Bank's Poverty Reduction and Economic Management Network and co-editor of the new book, Ascent After Decline: Regrowing Global Economies After the Great Recession hosted a live Question & Answer discussion on these critical issues.
Replay the discussion below.


Senior Advisor, World Bank Group