Global growth to resume in 2010
Global growth will resume in 2010, driven largely by the world's emerging economies, The Conference Board reported on Tuesday.Advanced economies' share of world GDP has fallen from two-thirds in 2000 to below 50 percent today and will hit one-third by 2016, according to the inaugural 2010 edition of The Conference Board Global Economic Outlook.
World Bank in its latest analysis of the regional economy has said that economies of developing East Asia and Pacific continue to be an engine of global growth, growing at 7.5 percent in 2012, higher than any other region in the world.