4.1. 08
Growth in developing East Asia will decline by around one to two percentage points to around 8.5% in 2008 as a result of the unfolding financial turmoil in the US and the resulting global slowdown, says the World Bank’s latest six-monthly review of the East Asia and Pacific region’s economies.

4.1. 08
Vikram Nehru, the World Bank’s chief economist for the East Asia & Pacific region

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