Developing World Investment to Rise

The developing world is poised to become a major player in global investment. The World Bank says in fewer than 20 years half the global stock of capital will be in developing countries. That compares to about one-third today. The bank has released the latest edition of its Global Development Horizons report.

The World Bank forecasts, by 2030, “developing countries’ share in global investment is projected to triple” to nearly 160-trillion dollars. Chief Economist and Senior Vice-President …

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