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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.

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Salient features of economic development plans

The present chapter describes and compares the economic development plans (in some cases called programmes) of the countries of the ECAFE region in terms of their main elements or salient features. In view of the comparative newness of development planning in this region, attention has been concentrated on obtaining a point of departure for analysis by assembling the basic data on the subject, so far as that has been possible. It is, of course, understood that “plans” and “planning” are very flexible terms. The plans of some countries involve the difficult business of breaking rather sharply with the past, especially as concerns the amount and composition of investment, while in some other countries the plans bear closer resemblance to projections of economic trends already established. The material is presented in six sections, as follows: (1) the plans, (2) their scope and general character, (3) their magnitude, (4) the composition of planned public expenditures, (5) finance, (6) techniques.

English

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