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growth outlook Recent financial market turbulence exposes vulnerabilities in several developing economies English: PDF (176 kb) Global issues Why do many developing countries continue to fall behind? Over the past two years, the world economy has experienced a broad-based upturn. According to the United Nation?s World Economic Situation and Prospects as of mid-2018, global growth reached 3.1 per cent in 2017?the fastest pace since 2011. Despite growing international trade… World Economic Situation And Prospects: September 2018 Briefing, No. 118