1945

World economy in perspective: Key features, policies and prospects

In 1986, the world economy slowed down for the second year running. Global output grew by only 3 per cent, compared with 3.4 per cent in 1985 and 4.5 per cent in 1984. On average, economic conditions for the peoples of the world improved only marginally in 1986. World output per capita increased by about 1 per cent. This was half the average pace achieved in the 1970s and only a third of that of the 1960s.

Related Subject(s): Economic and Social Development
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