Yearbook of the United Nations 1997

image of Yearbook of the United Nations 1997

The 1997 edition of the Yearbook of the United Nations details the many activities of the Organization and its organs, programmes and bodies, as they are carried out in all corners of the globe. It gives an account of their endeavours to create better and more peaceful conditions for all mankind and record their efforts to deal with matters of pressing concern in a variety of areas, including peacekeeping and peacemaking, disarmament, human rights, trade and development, control of drug abuse and illicit trafficking, crime prevention, assistance to refugees and other vulnerable populations. This 1,652 pages volume is fully indexed and reproduces all major General Assembly, Security Council and Economic and Social Council resolutions issued during the year.



Development policy and international economic cooperation

The world economy grew by just over 3 per cent in 1997 for the second consecutive year and a further year of 3 per cent growth was forecast for 1998. Despite favourable economic growth, there were a number of negative developments. Following financial crises in several developing Asian economies, the international community had to mobilize more than $100 billion in less than six months for financial rescue packages, and many countries saw their exchange rates challenged by market forces. Another major concern was Japan’s difficulty in overcoming its own financialsector problems and launching a sustained economic expansion. Unemployment, particularly in much of Western Europe, was also a salient issue.


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