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Global economy 'dangerously close' to a recession: World Bank_我的网站

A |     Washington, Oct 14 (UNI) The global economy is "dangerously close" to a recession, as inflation remains elevated, interest rates rise, and growing debt burden hits the developing world, World Bank President David Malpass said.



"We've lowered our 2023 growth forecast from 3 per cent to 1.9 per cent for the global growth, that's dangerously close to a world recession," Malpass on Thursday said at a press conference during the IMF and World Bank annual meetings.



"All of the problems that people have taken note of, the inflation problem, the interest rate rises, and the cutoff of capital flow to developing world hit the poor hard," he said, highlighting the buildup of debt for developing countries.



"That's a world recessions could happen under certain circumstances," Malpass said.



In a study published in mid-September, the World Bank warned that as central banks across the world simultaneously hike interest rates in response to inflation, the world may be edging toward a global recession in 2023, with a growth forecast of only 0.5 per cent.



The World Bank chief noted at the press conference that world population growth is estimated at 1.1 per cent per year. "So if you get much slower in terms of world growth, that means people are going backward," Malpass said in response to a question from Xinhua.



Citing a recent World Bank report, Malpass said that Covid-19 pandemic dealt the biggest setback to global poverty-reduction efforts since 1990, pushing about 70 million people into extreme poverty in 2020, and the war in Ukraine threatens to make matters worse.



According to the Poverty and Shared Prosperity Report, global median income declined by 4 per cent in 2020, the first decline since its measurements of median income began in 1990.



"So if we have a world recession now, that would also depress median income, meaning that the people in the lower half of the income scale are going down," Malpass said.



The World Bank chief also noted that he has been concerned about the concentration of capital in the world in the top end of the advanced economies.



"So that's, I think, one of the issues that the world has to deal with to allow capital to flow to new businesses and to developing countries, that would take a change in the direction of fiscal and monetary policies in the advanced economies," said Malpass.



The world is facing very challenging environment from the advanced economies, and that has serious implications, dangers for the developing countries, he said. "My deep concern is that these conditions and trends might persist into 2023 and 2024."

UNI/XINHUA PRT。    世界知识产权组织一项针对全球经济体工程、技术和化学创新的调查显示，我国的科技水平在东盟国家当中高居榜首。调查也显示，在排名前十的区域当中就有七个来自亚洲国家。全球创新指数报告结果出炉，东京和深圳脱颖而出，高居前两位。

B | 世界知识产权组织总干事邓鸿森说：“这些排名显示在世界许多地方科研和专利活动正在不断地增长。当然试金石是科研成果能否被商业化成为产品和服务，带来就业、投资等。”报告指出,新兴经济体正在不断加强创新，而高收入经济体科技集群的增长速度比中等收入经济体来得缓慢。在过去五年，我国每三项新发明就有一项是与外国发明家合作申请专利。私人和公共领域研究人员相关的合作计划促进了这方面的发展。也有计划是通过借调科学家和工程师来帮助本地企业开发内部专有技术，提升他们的研发能力。

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