Overview by the Secretary-General of UNCTAD
- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 1995 , pp 1-9
- Publication Date: December 1995
- DOI: https://doi.org/10.18356/71d2ce9e-en
- Language: English
- Previous Chapter
- Table of Contents
- Next Chapter
The world economy has been losing steam in 1995. This year, growth in Latin America as a whole will fall from 3.7 per cent to 2 per cent - which is nearer to Africa's rate than Asia's. The developed market economies will also slow down, in part because ofthe cyclical deceleration in the United States, and in part because the decline ofthe dollar and import cuts in Latin America have weakened demand for the exports of Western Europe and Japan. However, growth in the developing countries of Asia will accelerate; and a number of countries in Central and Eastern Europe will also show continued advance. But commodity prices will on the whole be considerably below their 1994 levels.
© United Nations
ISBN (PDF):
9789210602983
Book DOI:
https://doi.org/10.18356/47fc35e5-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
-
From This Site
/content/books/9789210602983c004dcterms_title,dcterms_subject,pub_keyword-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution105
/content/books/9789210602983c004
dcterms_title,dcterms_subject,pub_keyword
-contentType:Journal -contentType:Contributor -contentType:Concept -contentType:Institution
10
5