Welcome to the United Nations
Current Trends and Policies in the World Economy
According to World Economic Survey 1983, the world economy remained in the grip of recession during 1982 and is only now beginning, in a few places, to show some signs of recovery. The unexpectedly severe contraction in demand that ensued from the anti-inflationary policies set in train by major industrial countries in 1979 and 1980 had brought about a sharp curtailment in the growth of world production and trade in 1981, and the deflationary impact of such policies was aggravated in 1982. In the developing countries as a group, output failed to increase for the first time in the post-war period.
Supplement to World Economic Survey 1983
The Supplement to World Economic Survey 1983 comprises three studies: recent experience in economic cooperation among developing countries and possibilities for progress in the 1980s; some effects of rising public expenditure in developed market economies; and the impact of workers' remittances on the balance of payments.