This paper describes economic developments in Angola during the 1990s. A major decline in economic conditions occurred in 1993, in the wake of the resumption of the civil war. In 1993, inflation reached unprecedented levels, overall GDP declined by an estimated 24 percent in real terms, and oil...

This paper describes economic developments in Peru during the 1990s. During 1990–92, real GDP growth was negative by 0.9 percent a year on average, reflecting in part deterioration in the terms of trade and adverse weather conditions. During that period, growth in the construction,...

This paper describes economic developments in Ecuador during the 1990s. Inflation fell from an average of about 50 percent in 1988–92 to 22 percent in April 1995. Economic activity rebounded, and international reserves were rebuilt. Relations with foreign creditors were normalized through an...

This paper reviews economic developments in the Republic of Croatia during 1990–95. Real gross domestic product fell by a cumulative 30 percent over 1991–93. However, the economy began to recover in 1994 and real GDP grew by 0.8 percent. In the first quarter of 1995, real GDP was nearly 1...

This paper reviews developments in the Australian economy during 1994–95. In 1994/95, real GDP grew by 41⁄2 percent as growth in domestic demand accelerated sharply, rising by 63⁄4 percent, despite the impact of a severe drought on farm output. Business investment increased by 171⁄2...