The international setting

The international environment facing developing countries at the beginning of the 1980s is highly unfavourable. It is characterized by slow growth in the principal markets for their exports, weakening terms of trade, unusually high costs of borrowing on capital markets and prospects for a reduction in ODA flows in real terms. Moreover, the policy measures of developed market-economy countries to combat inflation have, as a side effect, aggravated the problems of developing countries.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals