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World Economic Survey 1973

image of World Economic Survey 1973

Part one: Population and Development. This report is the twenty-fifth in a series of comprehensive reviews of world economic conditions published by the United Nations. On the occasion of the World Population Year (1974), part one of World Economic Survey 1973 examines the recent interrelationships between demographic change and the process of socio-economic development. Part two: Current Economic Developments, presents and overview of world production and trade and analyses the three main features of the global economic scene in 1973—the rise in commodity prices, the world food situation and the world energy situation. It also examines the recent economic developments affecting the supply and use of resources and the state of internal and external balance in the world.

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Salient features of the world economy

The period under review was one of the most turbulent in recent economic history. The upswing in production that got under way in mid-1971 proved to be the most concerted and rapid ever recorded, and it took place against a background of marked instability, both internal and external.

English

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