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.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action