Iraq conflict 'likely to hit global growth'

In a regular report the World Bank said the Iraq conflict will probably have about the same effect on the global economy as the September 11 attack. The report also said the huge accumulation of reserve assets means the developing world is now a net exporter of capital to rich nations.

Source: Financial Times

The war with Iraq will probably have about the same moderate effect on the global economy as the September 11 terrorist attacks, the World Bank said yesterday.

Releasing its regular assessment

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account