Even as a handful of countries around the world, Guyana included, anticipate varying degrees of ‘development upturn’ in the period ahead, expert probing by the World Bank is sending signals that there are likely to be widely varying development experiences among countries in the period ahead as the global economy braces itself to experience what a World Bank expert suggest could be a global economy on the brink of its weakest half-decade performance in three decades, according to the most recent presentation of the Bank’s “Global Economic Prospects” report. As the international community approaches the midpoint of what had been envisaged as a “transformational decade” for the development of the global economy, World Bank Deputy Chief Economist, Ayhan Kose, has opined that the world may be set to embrace its weakest half decade performance in 30 years.
