1945

International trade, finance and transport

International trade and global output continued to grow in 1989 following rapid expansion in 1988. However, the picture of an international economy in apparent good health contained a double image. Although some areas of the world, particularly the developed market Economics and several developing countries of East Asia, were enjoying boom conditions, others—Africa and Latin America—were in the grip of depression and disorder.

Related Subject(s): United Nations
/content/books/9789210601740s008-c004
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