1945

International economic developments

The world economy during 1982 continued to be dominated by the progressive weakening of economic activity in the industrial countries. For much of the year, the attention of policy makers remained fixed on combating the resurgence of inflationary conditions in the wake of the second oil shock of 1979-1980. Industrial production in Europe and North America in particular declined; unemployment reached the highest level

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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