1945

World economic developments and the ESCAP region

The apprehension felt early in 1995 at the prospect of a slowdown or relapse in the process of the world economic recovery, which reached its high point in 1994 after three years of stagnation, subsided substantially as the year progressed. World output growth, in fact, accelerated slightly in 1995 compared with that of 1994.

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