The World Bank has predicted the first global recession in 60 years.

In 2009, the global economy enters a phase of recession for the first time since the end of the Second World War, and the volume of world trade fell to a minimum of 80 years. Reported Bloomberg referring to the World Bank.
Specific figures in the report, which is published on the website of the non soderzhitsya.Odnako Bloomberg notes that the World Bank estimates was pessimistic forecast of the International Monetary Fund (IMF), which predicts the growth of world GDP in 2009 to 0,5 percent. World Bank economists estimate the loss of global GDP growth of five per cent of the potential value.
The World Bank believes that developing countries whose economies are stronger than others to suffer because of the recession in 2009 will require from 270 to 700 billion dollars on debt service payments and payments for import deals. The Bank expects that in 2009 the corporate debt of developing countries will reach a trillion dollars, and the State - the three trillion dollars.
Experts noted the signs of recession in 94 out of 116 developing countries around the world, accompanied by rising unemployment. The result of this development will be increasing dependence of developing countries from international aid organizations. Worst, to assess the bank, the recession hit in East Asia - China, Taiwan, Japan, South Korea and Mongolia.
During the financial crisis, the IMF and World Bank have been actively assisting countries in need, providing them with loans for tens of billions of dollars. In particular, funds received, Pakistan, Ukraine, Iceland and several other states.
According to a recent World Bank, global economic growth in 2009 will be 0.9 percent, while in 2010-m - 3 per cent. The volume of world trade in 2009 will decline by 2.1 percent. Rather, the organization now intends to revise the figures.