World review

The overall economic environment was generally unfavourable to agriculture in both 1990 and 1991. The economic slow-down already under way in industrialized countries was accentuated by the effects of the Gulf crisis, which also had negative effects on the economies of many developing countries. Their overall economic and agricultural systems were hit by slower growth of world import demand and higher oil and energy prices. These events exacerbated problems which by now have become typical of many developing countries: heavy external debt; difficult access to developed country markets; and low world prices for many of their main exports, particularly agricultural commodities.

Sustainable Development Goals:

No Poverty

Responsible Consumption and Production

Decent Work and Economic Growth