Developing countries, focusing on home consumption, will be much less affected by a possible second wave of crisis than the developed ones, according to the Chancellor of the International Academy of Stock Trading.
“In reality, the crisis was never over, seeing as the economic growth rate dramatically dropped with no improvement expected in the years to come,” Veniamin Safin told a news conference in Yerevan.
In this context, the expert forecast a maximum of 5% economic growth rate in developed countries, which, he said, is a natural process.
