WASHINGTON -- Plunging investment in developing countries could lead to lower growth in the long term and exacerbate problems, said Hiroshi Matano, executive vice president at the World Bank Group's Multilateral Investment Guarantee Agency, in a recent interview.
Interview
Investment in developing nations may hit 20-year low: World Bank official
Private-sector money to poorest areas is sinking, agency chief warns
Hiroshi Matano, executive vice president at the World Bank Group's Multilateral Investment Guarantee Agency (Photo by Kosuke Takami)
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