1945

Favourable economic conditions continued to prevail in most countries of the ECAFE region in 1956. Production gains were widespread, especially in newly developing industry. Real economic progress was made, judging from increased developmental expenditures. Somewhat disturbing, however, was the appearance in many countries of inflationary tendencies with which governments, becoming more actively engaged in promoting economic development, would have to cope.

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