Lin: Global economic recovery more than expected but still fragile

The picture is the World Bank chief economist Justin Lin (Photo source: Sina Finance) June 4 News, today World Bank chief economist Justin Lin in Busan G20 Group finance minister and Central bank governors meeting, the World Bank "post crisis Growth and Development forum" to publish "multipolar growth under the global economy" speech.　　He said the global economic recovery is more than expected but is likely to remain fragile and the global multi-polarization is coming, which is a win for all. "Developing countries are growing at a pace of trade and capital flows after 2000 years, and developing countries have been slowed down by the crisis in 2008-2009 but continue to grow," says Prof Lin.　　The chart shows that developing countries ' economies bottomed out in 2009, and a strong rebound has been seen. Global multipolarity is coming, but developing countries still need outside help, Lin said. As a platform, G20 can provide an innovative framework for countries in financial development, an ideal way to share information and knowledge in economic growth, ensure openness to trade and FDI flows, and promote financial reform and good governance, transparency and accountability. (Jessica is from Busan)