World Economic and Social Survey 1997

Trends and Policies in the World Economy

image of World Economic and Social Survey 1997

Authoritative and reliable, the Survey is a detailed assessment of the state of the world’s economic and social situation. Its forecasts for the upcoming year and lucid description of national and international economic policies, emerging issues and trends make it ideal for those engaged in international trade. As a special focus in this year’s edition, the Survey addresses four long-term issues of importance to the international community: the economics of the resurgent global tuberculosis crisis, how the international arms trade has changed since the end of the Cold War, recent trends in international travel as a dimension of world economic integration and prospects for global emissions of CO2 under different outlooks for policy and technical change.



The world economy in 1991

Following the development disappointments of the 1930s, the economic upheavals associated with the political transformations in several countries at the turn of the decade and the recession in the developed market economies in the early 1990s, the world economy is experiencing widespread economic growth as it moves towards the close of the millennium. Many countries have built a foundation of more sustainable national policies and the international economic environment is more propitious. Barring unpredictable shocks, the present level and pattern of growth are likely to be maintained and in some cases improved in 1997. The momentum is encouraging; but it is not spread widely enough.


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