Overview by the Secretary-General of UNCTAD

If stagflation, plentiful liquidity and shortages of basic materials were the hallmarks of the 1970s, those of the 1980s have thus far been deflation, financial stringency and glutted markets. The process of deflation began in 1979, but did not stop with the end of the recession in 1982. It has persisted, rendering recovery weak, uneven and hesitant, and prolonging the crisis of debt and development.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals