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The World Bank has revised down its forecast for economic growth in the developing world this year - from 5.3% down to 4.8%.
世界银行对本年度发展中国家的经济增长预期值做出降低调整,从5.3%降至4.8%。
If right, it would be the third consecutive1 year of growth below 5% for this group of countries.
The Bank says that developing nations need to make economic reforms to promote growth.
But the new report does predict that growth in these countries will accelerate in 2015.
"Disappointing" is the word the Bank uses to describe the developing world's likely performance this year.
The organisation's president, Jim Yong Kim said these growth rates are "far too modest to create the kind of jobs we need to improve the lives of the poorest 40 per cent."
Temporary effects
However, there are some optimistic elements to the report.
The downgraded forecast reflects the impact of the Ukraine crisis2, bad weather in the United States and other factors.
Some of these will be temporary and the Bank expects the developing world to record growth of around 5.5% next year and in 2016, which the report says is "broadly in line with potential," which means the rate of growth that they could sustain3.
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