[misc.headlines.unitex] UNICEF: OECD: "URUGUAY ROUND" MOST PRESSING PRIORITY

unitex@rubbs.fidonet.org (unitex) (08/12/89)

UNICEF: OECD: "URUGUAY ROUND" MOST PRESSING PRIORITY

Industrialised countries should undertake a full range of policy measures
and effective international cooperation to sustain growth and development,
according to the Paris-based Organisation of Economic Cooperation and
Development in a recent issue of "OECD Outlook."

Emphasizing this approach, OECD said "the most pressing international
priority" in this regard is to use the "Uruguay Round" of global trade
negotiations.

According to OECD, the economies of member countries are in substantially
better shape than at the start of the 1980s, and their governments can
build on these achievements to promote sustained, job-creating growth with
low inflation over the next decade.

But a number of problems remain: rising inflation, a slow-down in
reduction of external balances, unstable exchange markets, high
unemployment, deterioration of Third World indebtedness and "continuing
recourse to trade interventionism," said OECD.

Dealing with these problems requires a full range of policies: monetary,
fiscal and structural - and effective international co-operation, the OECD
report said.

Source: OECD Economic Outlook

 * Origin: UNITEX --> Toward a United Species (1:107/501)



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