Climate Change
World Bank sounds alarm on 'historical reversal' of advancement for poorest countries
Half of the world's 75 poorest countries are experiencing a widening income space with the most affluent economies for the very first time this century in a. historical reversal of development, the World Bank said in a. report on Monday. The differential between per capita earnings growth in the. poorest nations and the wealthiest has broadened over the past 5. years, according to the report. For the first time, we see there is no merging. They're. getting poorer, Ayhan Kose, deputy chief economist for the. World Bank and among the report's authors, informed . We see an extremely serious structural...