Overview by the Secretary-General of UNCTAD
- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 1986 , pp 1-14
- Publication Date: December 1986
- DOI: https://doi.org/10.18356/08b17162-en
- Language: English
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If stagflation, plentiful liquidity and shortages of basic materials were the hallmarks of the 1970s, those of the 1980s have thus far been deflation, financial stringency and glutted markets. The process of deflation began in 1979, but did not stop with the end of the recession in 1982. It has persisted, rendering recovery weak, uneven and hesitant, and prolonging the crisis of debt and development.
© United Nations
ISBN (PDF):
9789210602891
Book DOI:
https://doi.org/10.18356/6006baaf-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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