Global economy will suffer , the World Bank says in latest economic forecast . The World Bank has reduced its rate from 3.2 % to 2.8 % amid economic headwinds . Restructuring in developed markets has offset ongoing risks from the crisis , the report notes , but `` more needs to be done . '' Developed nations will have steady growth while developed economies will stay flat .
Global economy will suffer , the World Bank says in latest economic forecast . The World Bank has reduced its rate from 3.2 % to 2.8 % amid economic headwinds . Developed nations will have steady growth while developed economies will stay flat .