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.



Foreign trade

World trade, which had declined in 1958, registered an increase in 1959. Recovery was slow, however, and the level of world exports (excluding trade between mainland China, Soviet Union and the countries of eastern Europe) in the third quarter of 1959 was just a little below that of the last quarter of 1957, when it had reached a record level. The upturn started in the last quarter of 1958, but in the third quarter of 1959 it had not yet surpassed the level of the bottom of the recession, reached a year earlier, by more than 9 per cent.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error