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Economic and Social Survey of Asia and the Far East 1953

image of Economic and Social Survey of Asia and the Far East 1953

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.

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Cambodia, Laos and Viet-Nam

Recovery in Cambolia, Laos and Viet-Nam has been hampered by the civil war which has been waged over the last seven years. Most of the available resources have been drained away in military expenditure, leaving little for national reconstruction. Price rises due to inflationary conditions have been accelerated by the devaluation of the piastre from 17 to 10 francs, and communications are not reliable enough to permit regular and efficient inland distribution of food supplies and consumer goods to areas of scarcity. Improvements in agricultural and industrial activities are however visible in areas of continued security and plans have been drawn up for further development with internal and external assistance.

English

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