The depression of the 1980s and the setback to economic and social development

The 1980s have been marked by the widespread collapse of the development process. This collapse has been characterized by financial disorder and extended periods of negative or negligible growth in most developing countries, entailing high costs in terms of social stagnation and, in some cases, regression. Moreover, the effects on investment in productive capacity, infrastructure and social services call into question the future ability of many countries to respond to the needs of their populations and to bring about the changes in the structure of production necessary to restore growth and development.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals