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Economic and Social Survey of Asia and the Far East 1959

image of Economic and Social Survey of Asia and the Far East 1959

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.

English

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Effective demand and financial policies

Aggregate monetary demand in the ECAFE region appears to have been higher in 1959 than in 1958 owing to the combined effect of more favourable weather conditions, the economic recovery of the region’s main industrial trading partners, and the continuance (if at a reduced pace in certain countries) of inflationary trends. The main exceptions to this general trend were the region’s rice exporters and Pakistan.

English

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