World Bank Financial Crisis Page
Recovery from the global financial crisis remains fragile. Persistent risks to economic health include high unemployment, debt and low growth in developed countries, and access to financing for developing countries. In addition, food prices in 2011 were volatile and near their 2008 peak, and millions of people in the Horn of Africa are in urgent need of assistance as a result of devastating drought, conflict, and displacement.
Since the onset of the financial crisis in 2008, the World Bank Group has committed $196.3 billion to developing countries, including record commitments in education, health, nutrition, population, and infrastructure, providing much-needed investments in crisis-hit economies.