Economic and Social Survey of Asia and the Far East 1973

image of Economic and Social Survey of Asia and the Far East 1973

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.



General summary

The “First Biennial Review of Social and Economic Developments in ECAFE Developing Countries during the Second United Nations Development Decade”, prepared by ECAFE, stated that the major problems facing the developing countries of the region were those of mass poverty, unemployment and underemployment. The Expert Group on Progress Evaluation also noted these problems and, among other things, concluded that “the spread of education will . . . add a new dimension to the employment problem” because education creates new aspirations and generates new attitudes.


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