1945

Preface

image of Preface

In 2001, the world economy suffered its largest setback in a decade. Almost every country was affected, vividly illustrating—in this instance, negatively—the increasingly powerful links among the world’s economies. The setback wav aggravated by the terrorist attacks of 11 September 2001, which are also likely to have longer-term consequences, not only for international peace and security but also for global development. In the first part of 2002, the world economy struggled to recover, but global economic and political uncertainty remained palpable and potent.

Related Subject(s): Economic and Social Development
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