Trade and Development Report 1986

image of Trade and Development Report 1986

This publication identifies the key issues in the global economy and the design of development strategies addressed in the Trade and Development Report over the past three decades, tracing them through its various editions. It shows how ideas, opinions and proposals expressed in the Trade and Development Report, and the analytical approaches used, differed from those of “the mainstream” and their evolution in response to new challenges. This review revisits the concept of interdependence and explains the approach of the reports to macroeconomic and financial policies in both developed and developing countries. It also summarizes development policy failures and successes over the years.



Deflation, debt and trade

The deflationary pressures and other monetary and financial disturbances that have persisted over the first half of the 1980s have impaired significantly the capacity of the international financial and trading systems to contribute to growth and development and to foster the efficient use of resources.


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