OECD warns taper hits developing-world growth prospects


The end of a commodity price boom coupled with advanced economies, led by the United States, starting to normalise monetary policy will seriously hit the growth prospects of developing countries in the coming years, the Organisation for Economic Co-operation and Development (OECD) warned today.

Presenting the Paris-based think-tank's annual Perspectives on Global Development report at Chatham House in London today, Carl Dahlman, head of research at the OECD's development centre, said those two f

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