1945

A United Nations perspective on the world economy 1995

image of A United Nations perspective on the world economy 1995

The global economy is in the strongest condition in many years. Total world output — and thus total income — is growing at the most rapid rate of the 1990s, but not so rapidly as to threaten an outbreali: of high inflation. Real output per capita is rising in the largest number of countries in at least 15 years, although there are still many countries where output per person continues to stagnate or fall. Prospects for improvement in those countries are seen to depend heavily although not exclusively — on policy design and policy choices in the countries themselves.

Related Subject(s): Economic and Social Development
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