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Asia and the Pacific: A story of transformation and resurgence - economic and social survey of Asia and the Pacific 1947-2014

image of Asia and the Pacific: A story of transformation and resurgence - economic and social survey of Asia and the Pacific 1947-2014
The UN-ESCAP (and its predecessor UN-ECAFE) has been ahead of the curve in shaping the ideas on economic and social development in the Asia-Pacific region through its annual economic and social Survey. This publication aims to provide a first-hand account of what was happening during a period of unprecedented economic and social transformation. It contains a succinct narration of the countries’ reconstruction efforts and needs after the Second World War as well as their development aspirations and endeavours providing an analytical narrative of the transformation of the region infested with pervasive hunger and deprivation to the Asian miracle that lifted billions of human beings out of extreme poverty. It tells how the region from a periphery became the centre of gravity for the world economy. In short, it is an analytical story of the unfolding of the Asian drama.

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Changing unfavourable conditions

A key policy issue confronting developing countries in the ECAFE region was the concentration of landholdings, which constituted a serious obstacle to their development. In Survey 1950, land reform was prominently signalled as a foundational requirement for equitably redistributing income and empowering the majority of the people in the predominantly agrarian economies of the ECAFE region; the two most successful instances of land reform to date were cited, namely the measures instituted by China and Japan:

English

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