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World Economic Survey 1993

Current Trends and Policies in the World Economy

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The World Economic Survey 1993 is the forty-sixth annual report of the United Nations Secretariat on the major developments and issues in the world economy. Despite strong growth in a number of developing countries, in 1993, for the third year in a row, the growth of the world output will fall below the growth of world population.

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Energy: Recent developments and emerging trends

The present chapter consists of two sections. The first section provides an overview ofrecent developments in the international oil market and points to the increasing demand for OPEC oil, particularly in light of the continuing decline of oil output in the United States of America and the former Union of Soviet Socialist Republics. It also discusses the state ofthe oil industry in the successor States ofthe former Soviet Union, andprovides an analysis ofthe outlook for the oil market in the 1990s.

English

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