Yearbook of the United Nations 1988

image of Yearbook of the United Nations 1988

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.



International trade, finance and transport

Although global trade expanded rapidly in 1988, growth was largely concentrated in the developed market-economy countries. Some areas of the world, particularly countries of Africa and Latin America, continued to perform unsatisfactorily, due mainly to their debt burden and the economic disorder caused by it. Prices of primary commodities showed some improvement, enhancing the import capacity of some commodity producers, but that was more than offset by a large increase in the price of manufactures.


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