1945

The 1998 Trade and Development Report examines current performance and prospects in the world economy with special reference to the financial turmoil which has challenged policymakers everywhere over the past year. In accordance with the request made to me in General Assembly resolution 52/180 of 4 December 1997, concerning the analysis of current trends in global financial flows and ways and means of addressing their volatility, the Report assesses the causes of the current crisis and its consequences, particularly for developing countries, and puts forward recommendations on how future crises might be prevented.

Related Subject(s): International Trade and Finance
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