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.



The economic and social situation and major policy developments

The International Development Strategy stated that the average annual growth in the gross product of the developing countries as a whole during the Second Development Decade should be at least 6 per cent, which would imply—under the assumption of an average annual increase of 2.5 per cent in the population of developing countries—about 3.5 per cent average annual growth rate of gross product per head.


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