Washington, April 19 (Xinhua): The global economic recovery is facing a critical moment although some optimism has returned in recent months, and collective global action is critical for sustaining the recovery momentum, World Bank chief economist Justin Yifu Lin has said.

Washington, Apr 17 (ANI): The World Bank's chief economist, Justin Yifu Lin, has said that every developing nation is capable of growing continuously at eight percent or more with the help of sound policies and leveraging its comparative advantages.