Recession Pressures Global Economy

" The global economy may shrink to within five percentage points below its potential — the first shrink since World War II, according to estimates released Sunday by World Bank. For some 129 of the poorer, developing countries, the downturn will be felt keenly, with the World Bank estimating these countries are short from $270 to $700 billion. This significant gap, the group said, is too large for the international financial institutions to cover on their own."