Improving national economies Restoring domestic economy Repairing national economy Stabilizing national economies Retooling national economy
As of mid-1988, three main steps were recommended to to enhance growth prospects and reduce the risks of further instability in the financial market and, possibly, a sharp slow down in activity beyond the near term: 1. Credible action to reduce the USA federal budget deficit, leading to a lasting reduction in the country's current account deficit and to lower real interest rates. 2. Maintenance by Japan and acceleration by Germany of the growth in domestic demand through appropriate macroeconomic and structural policies. 3. Further action by the newly industrialized economies of East Asia that were running sizeable current account surpluses to accelerate the growth of domestic demand, appreciate their currencies against the dollar and reduce the degree of protection of their domestic producers.
Progress towards three goals is necessary to improve the economic outlook in both industrial and developing countries: reducing economic imbalances among industrial countries; restructuring economic policies in developing countries; reducing net transfer of financial resources from developing countries.
The Encyclopedia of World Problems and Human Potential is a collaboration between UIA and Mankind 2000, started in 1972. It is the result of an ambitious effort to collect and present information on the problems with which humanity is confronted, as well as the challenges such problems pose to concept formation, values and development strategies. Problems included are those identified in international periodicals but especially in the documents of some 60,000 international non-profit organizations, profiled in the Yearbook of International Organizations.
The Encyclopedia includes problems which such groups choose to perceive and act upon, whether or not their existence is denied by others claiming greater expertise. Indeed such claims and counter-claims figure in many of the problem descriptions in order to reflect the often paralyzing dynamics of international debate. In the light of the interdependence demonstrated among world problems in every sector, emphasis is placed on the need for approaches which are sufficiently complex to encompass the factions, conflicts and rival worldviews that undermine collective initiative towards a promising future.
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