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.



Fiscal developments

As noted in the 1951 Survey, the recession in foreign trade has begun to affect materially the budgetary position of a number of countries in the region. In the meantime, new budgets for 1952/53 are available for Burma and Ceylon, convering the fiscal year ending 1 October, 1952. Some indications as to the trend of budgetary developments in the mainland China too are given in recent announcements from the Finance Minister of the People’s Government. All these, along with fiscal developments in certain other countries, are noted in the following sections.


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