Economic and Social Survey of Asia and the Far East 1952

image of Economic and Social Survey of Asia and the Far East 1952

This latest edition of the Survey analyzes current economic and social developments in the region against the background of events in the world economy. It also focuses on the serios problems of growth and transformation of the area's least developed and Pacific Island developing economies.



Industrial production

Industrial production in the region is concentrated in Japan, India and China. Large additions to industrial output are reported from mainland China. In Japan and India, however, there have been some signs of a slowing down of industrial activity. The increase in output observed in both countries in the preceding year continued in 1952, but at a diminishing pace; and by the spring or early summer the rising curve of production had levelled off to a more or less horizontal course. As far as the other countries of the region are concerned, there are no indications that the recent recessive tendencies in international trade have interrupted the policies of establishing industries or of developing transport and power facilities as a basis of industrial growth. Thus taking the region as a whole, the general picture in 1952 has been one of continuing, though uneven, advance.


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