The Current Situation in the World’s Economies

The economic performance of individual countries in 1998 reflected the deterioration of the international economic environment during the year. Forecasts of global economic growth were repeatedly revised downwards in 1998 as the reverberations from the Asian and, later during the year, the Russian crises became a generalized slowdown affecting most developing and transition economies.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action