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Economic and Social Survey of Asia and the Pacific 1974

image of Economic and Social Survey of Asia and the Pacific 1974

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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Summary and conclusions

At this, the mid-point of the Second United Nations Development Decade, many of the developing countries of the region covered by the Economic and Social Commission for Asia and the Pacific have experienced serious impediments to their development progress. These make the prospect of their attaining the targets of the International Development Strategy rather dim—at least unless there is a significant turn-around in circumstances which are immediately or largely beyond the control of the Governments concerned, and an equally substantial improvement in the effectiveness of their own national policies to deal with the problems besetting them. Many of these problems are local, both long-standing and more short-term, but some of the most serious have their sources outside the region altogether. These external circumstances have had very considerable impact on countries of the region which have also had to contend with serious internal difficulties.

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