The impact of the 1980s debt crisis on the world economy dominated the debate at the second regular session of the Economic and Social Council (Geneva, 5-28 July). The 54-member Council focused on how structural changes and imbalances in the world economy affect international economic co-operation, particularly with developing countries.
In an opening statement on 5 July, Council President Kjeld Mortensen of Denmark said that although recent economic growth and world trade had ...