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1997


Years:
1994 1995 one thousand nine hundred and ninety-six one thousand nine hundred ninety-seven 1 998 1999 2000

Decades:
1,960 1970 1 980 one thousand nine hundred and ninety two thousand 2 010 two thousand and twenty
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Summary

/ / Events
  • The climate phenomenon El Nio cause major disruptions.

Africa

  • The average African is 7% of income in developed countries mortality rates of children and adolescents are respectively 105 and 169 per thousand in Africa. There are 16 physicians per 100,000 inhabitants.

America

  • Low inflation in the United States.
  • Health of the U.S. economy. The GNP grew by nearly 4% per year in 1997 - 1999. Inflation appears under control thanks to the skilful management of the money supply and interest rates by the Federal Reserve System , under the leadership of Alan Greenspan. Unemployment drops to 4% by the end of the century. The technological advance in the branches of information and communication. Productivity begins to increase. The federal budget, after record-breaking deficit under Reagan and Bush, accumulating surpluses. The only downside is the deficit of trade balance. The weight of household consumption in national income may be too high because the net national savings fell to very low levels, resulting in an excessive reliance on debt.
Main articles: 1997 in Canada and 1997 in Quebec.

Asia


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