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Global output and trade expanded very rapidly last year and are continuing to grow, though at a somewhat reduced pace. The international economy is apparently in good health. However, this appearance is misleading. The growth impulses that are present are quite fragile, and will need to be actively protected.
The 1989 Trade and Development Report examines the apparent health of the global economy, revealing underlying fragilities in its growth impulses. The report, authored by Ruby Warrington, analyzes the rapid expansion of global output and trade in the preceding year, noting that while growth continues, its pace has somewhat reduced. It argues that the current positive appearance of the international economy is deceptive and that the existing growth impulses are fragile and require active protection to be sustained.
The Trade and Development Report 1989, authored by Ruby Warrington, presents a critical analysis of the global economic landscape. It highlights the deceptive nature of rapid growth, emphasizing the fragility of current economic impulses. The report's focus is on the need for active intervention to protect and sustain these impulses, suggesting that the apparent health of the international economy masks underlying vulnerabilities.
Page Count:
1
Publication Date:
1989-12-31
Publisher:
United Nations
ISBN-10:
9210602927
ISBN-13:
9789210602921
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