1945

The record of the developing ECAFE region during the First Development Decade is a mixed one. Measured purely in terms of aggregate growth in production, the First Development Decade witnessed success in most of the developing ECAFE countries. The target growth rate of 5 per cent, set by the United Nations General Assembly at the beginning of the decade, appears to have been achieved by a large number of countries in the region, and quite a few have recorded growth rates considerably in excess of the target. The better performance of the agricultural sector was an important factor in improving the growth performance of a number of developing ECAFE countries during the 1960s.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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