1887

Yearbook of the United Nations 1986

image of Yearbook of the United Nations 1986

The principal reference work of the United Nations providing a comprehensive, one-volume account of the Organization’s work along with information on the work of each specialized agency in the United Nations’ family.

English

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International Monetary Fund (IMF)

The world economic and financial situation changed substantially in 1986. Economic growth in the industrial countries slowed, real primary commodity prices continued to decline, external imbalances widened, protectionist actions intensified and the external financial situation of many developing countries deteriorated further. Although the rate of growth of 3.25 per cent for world output in 1986 was similar to that in 1985, the momentum of growth was weaker than expected. The shortfall in growth mainly reflected developments in the industrial countries, where the growth of real output slowed from 3.25 per cent in 1985 to 2.75 per cent in 1986. The growth performance of developing countries scarcely changed from 3.3 per cent in 1985 to 4.0 per cent in 1986.

English

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