World Bank's Global Economic Prospects Report

(www.abndigital.com) The World Bank released its latest Global Economic Prospects report. The multilateral institution expects global growth to slow to 3.3 percent in 2011, from 3.9 per cent in 2010. The Washington-based bank expects emerging and developing economies to expand 6 per cent in 2011, down from 7 per cent in 2010. The Bank cites the Eurozone debt crisis, volatile capital flows and rising commodity prices as key risks to the global growth recovery. ABN's Carina Kamel spoke to Hans Timmer, Director of Global Economic Prospects at the World Bank.