Economic and Social Survey of Asia and the Far East 1960

image of Economic and Social Survey of Asia and the Far East 1960

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.



The increasing role of the public sector

It is common knowledge that governments of to-day have grown more intimately involved in the social and economic life of nations practically all over the world. This study of the postwar trends in public finance, therefore, begins with a review of the forces which have shaped the growth in the functions assigned to the public sector in the countries of the ECAFE region. In the process a distinction is made between planning and state control, and between the size of the public sector and the area of its influence.


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