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Trade and Development Report 1993

image of Trade and Development Report 1993

The focus of the report is the functioning and interaction of all the different constituent parts of the world economy and of related dimensions of national and international policy. Special attention is given to issues of concern to developing countries. The coverage includes the movements of macroeconomic aggregates in developed and developing countries and in the economies of transition, international trade and trade policies and financial and commodity markets.

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Adjustment and stagnation in Sub-Saharan Africa

The economic performance of subsanaran Africa (SSA) over the past two decades has been very poor compared to that of other regions. While many developing countries in other regions have managed to restore growth of per capita income after sharp declines in the 1980s, most SSA countries have been unable even to halt the decline, notwithstanding the intense policy efforts and market-oriented reforms which many of them have undertaken in the past years.

English

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