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World Bank: despite 'fragile' global economy, low oil prices to spur recovery in developing countries

World Bank: despite 'fragile' global economy, low oil prices to spur recovery in developing countries

New York, Jan 14 (IBNS) After an economically disappointing 2014, developing countries can expect an uptick in growth in the new year as soft oil prices, a stronger United States economy, and continued low global interest rates help fuel their recovery, according to a new flagship study issued by the World Bank Group.