World Economic and Social Survey 1988

Current Trends and Policies in the World Economy

World Economic Survey 1988 highlights the dramatic financial shocks and instability in primary commodity markets, including oil, in 1987, which seem to have had only minor repercussions on the growth of output. The Survey includes a comprehensive analysis of the effects of the indebtedness and persistent fiscal and external imbalances of developed countries on the global environment and, in particular, on the development process of developing countries.

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