Trade and Development Report 1994

image of Trade and Development Report 1994

The focus of the report is the functioning and interaction of all the different constituent parts of the world economy and of related dimensions of national and international policy. Special attention is given to issues of concern to developing countries. The coverage includes the movements of macroeconomic aggregates in developed and developing countries and in the economies of transition, international trade and trade policies and financial and commodity markets.



Overview by the Secretary-General of UNCTAD

Slowly, the world economy is picking up. After several very lean years, output is expected to grow in 1994 by 2.5 per cent. This is much lower than is normal for a cyclical recovery, and even below the sustainable long-term growth rate.


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