The IMF now sees a 25% chance of a world recession this year, in which global growth would fall below 3%. Its base forecast is just 3.7%, compared to 5.2% before the credit crunch began. Sales growth for most chemicals is tied to GDP growth, so companies
Read More...
Read the complete post at http://www.icis.com/blogs/chemicals-and-the-economy/2008/04/imf-expects-low-growth-high-in.html