Economic and Social Survey of Asia and the Far East 1967

image of Economic and Social Survey of Asia and the Far East 1967

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.



Factors in the Asian export performance: The composition of exports and the pattern of demand

Taking all developing ECAFE countries together, exports showed a slightly lower rate of growth in the period 1959/1960 to 1965/1966 than between 1953/1954 and 1959/1960. This deceleration occurred in a world climate of expanding exports, and it contrasts with a marked acceleration in the rate of export growth of all developing countries combined. Since the growth of imports in ECAFE countries accelerated at the same time, the consolidated trade deficit increased throughout the first half of this decade.


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