TY - BOOK ED - United Nations. TI - World economic and social survey 1998: trends and policies in the world economy SN - 9211091349 (pbk.) : PY - 1994///- CY - New York PB - United Nations KW - Economic history KW - 1990- KW - Periodicals KW - Economic development N1 - At head of title, 1994 - :Department of Economic and Social Information and Policy Analysis; The World Economy in 1998 -- A surging world economy faces a slowdown -- Global incidence of economic growth -- Global success against inflation -- Pace and spread of growth in developing countries -- Towards a response to international financial volatility -- Macroeconomic policy in a financially integrated world -- Exchange-rate strategies for "emerging market" economies -- Financial-sector strategies for a volatile world -- Contribution of international financial cooperation -- The Current Situation in the World's Economies -- The developed economies -- Economic growth in 1997 and 1998 -- North America: strength in growth -- Western Europe: growth and the jobs problem -- Asia and the Pacific: three divergent economies -- Macroeconomic policy stances -- The transition economies -- Fragile expansion in the European member countries of the Commonwealth of Independent States -- The Central Asian and Caucasian republics: vulnerability of commodity-focused growth -- Central Europe and the Baltic States: consolidating the momentum -- The developing countries -- Africa: growing, but too slowly -- Vulnerabilities exposed in 1997 -- Scattered dynamism -- Inflation and policy reform -- Uncontrollable factors in the outlook -- Asia and the Pacific -- East Asia: fallout of a financial crisis -- China: deepening reforms while weathering a regional crisis -- South Asia: where stronger growth is attainable -- Western Asia: oil price slide causes economic reversal -- Latin America and the Caribbean: Asian contagion -- Sources and constraints on dynamism in 1997 -- External conditions worsen by year-end -- Quick and effective policy response -- 1998 economic outlook -- The International Economy -- Strength and weakness in international trade -- The dynamics of world trade in 1997 and 1998 -- International petroleum market -- Non-oil commodity prices weaken -- Preferential trade and trading arrangements -- International finance and the net transfer of resources -- International transfer of financial resources -- Aspects of international financing for development -- Foreign direct investment -- Multilateral financial cooperation -- Official relief for heavily indebted poor countries -- International aspects of the introduction of the euro -- The new European economy -- A new international money -- Unit of account -- Means of exchange -- Store of value: the euro as an official reserve asset -- Store of value: private demand for euro assets -- Exchange-rate volatility? -- International monetary coordination -- The global shock from the Asian currency crisis -- The crisis in Asian "emerging economies": the problem, the medicine, the controversy -- The Thai adjustment programme -- Contagion and controversy -- Financial market views of the crisis: missed perceptions and market failures -- Financial policy advice from market professionals -- Conclusion: a time for humility and debate -- Postscript on the deteriorating economic outlook -- Trade and the devaluation question in China -- The CFA france zone in 1999: a new peg but not a new regime -- Growth of world output, 1981-1998 -- Number of developing countries with GDP per capita growth of 3 per cent or more, 1991-1998 -- Major industrialized countries: quarterly indicators, 1996-1997 -- Foreign direct investment in the transition economies, 1989-1997 -- Developing countries: rates of growth of GDP, 1991-1998 -- Selected macroeconomic indicators for Indonesis, The Republic of Korea, Malaysia, the Philippines and Thailand, 1996-1998 -- Net transfer of financial resources of groups of developing countries, 1987-1997 -- Economic convergence in the European Union, 1997 versus 1988 -- Consumer confidence in seven major economies, 1990-1997 -- Real effective exchange rates of selected Asian countries, June 1997-April 1998 -- Real short-term interest rates in selected Latin American countries, September 1997-April 1998 -- Contributions to the growth of world trade volumes, 1997 and 1998 -- Average spot prices of OPEC basket of crude oils, January 1996-March 1998 -- Dollar indices of non-fuel commodity prices, 1993-1998 -- International market lending, 1981-1997 -- Implementation of the Heavily Indebted Poor Countries Debt Initiative N2 - Keep up to date with authoritative and reliable information and data on the state of the world's economic and social situation, including developed, developing, and transition economies; Contains data on output, inflation, employment, macro-economic policies and developments, international trade and finance, and statistical tables. Includes analyses of European Union agreements, the Asian currency crisis, major trends in international trade and financial flows ER -