World Economic Report 1949–1950

image of World Economic Report 1949–1950

World Economic Report 1949-50 analyses major developments in domestic economic conditions and international economic relations during 1949 and the first half of 1950, with some preliminary comments on tendencies since mid-1950. The Report also presents a discussion of two special problems: the factors underlying the persistent dollar deficits in a large part of the world prior to 1949 and the relationship between the currency devaluation of 1949 and subsequent developments in international trade.




The economic problems that confront the world in 1951 centre on the threat of inflation and of impending shortages of goods. These problems are at the opposite pole from those with which the world appeared to be faced two years earlier. During the intervening period, both the volume of goods produced and the volume of international trade rose to new heights, but not without serious economic difficulties in a number of countries.


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