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.



International trade and payments of Japan

The monthly deficit in Japan’s visible trade was on the average lower in the first half of 1952 than in 1951. In 1951 Japan’s trade deficit had grown. The quantum of exports was the same a s in 1950 if one takes the year as a whole, though there were sharp upward and downward movements from quarter to quarter. As the terms of trade had improved relatively to 1950, these exports had an increased purchasing power over imports to the extent of 12 per cent. The actual quantum of imports, however, had expanded by more than was gained by the better terms of trade, and this in conjunction with the rise in the general level of international prices explains the increase in the trade deficit in 1951.


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