"For the global economic outlook, the new report projects anemic growth of 1.5 percent in 2003 in the industrialized world, well below potential. It foresees better performance next year, as industrial countries' growth rises to 2.5 percent. Developing countries are somewhat more buoyant than industrial countries, growing at 4 percent in 2003, and, if the recovery stays on track, at 4.9 percent in 2004. World trade is projected to grow by 4.6 percent, slightly more than last year, but still less than half the rate in 2000."

Cancun Trade Talks an Opportunity to Lift Millions Out of Poverty