Economic and Social Survey of Asia and the Far East 1956

image of Economic and Social Survey of Asia and the Far East 1956

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.




Favourable economic conditions continued to prevail in most countries of the ECAFE region in 1956. Production gains were widespread, especially in newly developing industry. Real economic progress was made, judging from increased developmental expenditures. Somewhat disturbing, however, was the appearance in many countries of inflationary tendencies with which governments, becoming more actively engaged in promoting economic development, would have to cope.


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