The international economy
- Author: United Nations
- Main Title: World Economic and Social Survey 1995 , pp 35-50
- Publication Date: May 1995
- DOI: https://doi.org/10.18356/fc7e3f66-en
- Language: English
While the rate of growth of output in a country is most directly the result of domestic factors, international linkages have reinforced the recent expansionary impulses in most countries, spreading demand internationally through the accelerating growth of world trade and transferring savings through financial transfers that holster investment in receiving cOlmtries. The economic recovery has also strengthened international commodity prices, which are so important to many countries, including some of the poorest. However, international linkages, especially fmancial ones, can also he channels for negative influences and these, too, can have ripple effects, as the experience since Mexico’s exchange-rate crisis in December 1994 has underlined.
© United Nations
ISBN (PDF):
9789210452052
Book DOI:
https://doi.org/10.18356/a55f869c-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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