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21st century economic growth to be slower than thought
TIWN
TIWN
PHOTO : TIWN
New York, June 26 : Global future economic growth will be slower than predicted, with developing nations taking longer to close the wealth gap and approach the income of wealthier nations, a new study has predicted.
Governments need to start planning for slower-growth scenarios, which may involve wealthier nations providing lower-income countries with financing for climate change adaptations, according to the study published today in the journal Communications Earth & Environment.
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