Economics Report - World Bank Sees 'Fragile and 'Uncertain' in 2013

Listening and Doing Exercise:

Select Play button. Listen and fill in the blanks with suggest words

For	In	President	World	a	are	author	build	developing	financial
from	gains	growth	have	important	in	larger	low	markets	measures
percent	poor	predicts	public	report	risks	says	uncertain	years

VOA Learning English, welcome to Economics, in Special English. January, the World Bank released its Global Economic Prospects . World Bank experts are using the words "fragile" and " " to describe the economic recovery this year. Their report the global economy will grow a little over two in 2013, and slightly more in the following two . Predictions of limited growth have become familiar since the crisis four years ago. Wealthy countries are expected to slower growth than developing ones as they deal with amounts of debt and big budget deficits. World Bank Jim Yong Kim is urging developing countries to become drivers. But he notes that it is important to a foundation for growth that can last over timeHe , the developed world needs to help developing countries make in health, infrastructure and education. Andrew Burns was lead of the report. He says it is not only to build roads and bridges, but to invest money health care and effort in government reforms. Some high-growth countries, such as China, are spending a lot on works projects, but spend little on health care. The Bank President says Europe and America have approved some to deal with economic weakness. But financial policy remains work in progress. Still, wealthy nations remain the biggest for exports and providers of foreign investment. Developing countries positioned for stronger growth. But they will face basic . World Bank chief Kim said he is concerned that grain supplies could bring high food prices, hurting the . For VOA Learning English, I'm Alex Villarreal (Adapted a radio program broadcast 25Jan2013)

SCORE: