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Economic and Social Survey of Asia and the Far East 1969

image of Economic and Social Survey of Asia and the Far East 1969

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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Agricultural policies and plans

The crucial role of the agricultural sector in the achievement of self-reliance is a commonplace in most of the countries under discussion. In several of them, the objective of self-reliance has in recent years acquired greater practical importance, normally as a result of a growing uncertainty about the future inflow of foreign resources. The evaluation of development policy and the reaction to setbacks has thus led to reformulations of policy, including the reallocation and rephasing of investment programmes. Agriculture may offer opportunities for attaining self-reliance rapidly without seriously prejudicing the objective of high growth rates. In any case, the need to vitalize agriculture is urgent. Its past performance has usually been inadequate, particularly in the light of population growth and of the interdependence that exists between agriculture and the remaining sectors of the economy.

English

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