The End of the Third World?

29.04.2010

If 1989 saw the end of the "Second World" with Communism's demise, then 2009 saw the end of what was known as the "Third World": We are now in a new, fast-evolving multipolar world economy - where North and South, East and West, are now points on a compass, not economic destinies. 6896 

Slow Recovery Ahead for Emerging Europe and Central Asia

27.04.2010

The Emerging Europe and Central Asia (ECA) Region will face a slow recovery from the global economic crisis in the year ahead and countries facing tight fiscal pressures should take care to target social spending on the most needy and vulnerable, the World Bank said today at a press briefing at the World Bank/IMF Spring Meetings. 6605