Economic and Social Survey of Asia and the Pacific 1975

image of Economic and Social Survey of Asia and the Pacific 1975

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.




In a region which contains so many heterogeneous countries, generalizations are difficult to make. It can be said, however, for most ESCAP developing countries that a generation of economic development has done little to improve the living conditions of a large proportion of the people and that the employment opportunities created by economic development have fallen considerably short of the increases which have taken place in the work force, thus exacerbating the already high level of underemployment and unemployment. This is a grim comment upon economic development strategies which had, as one of their main designs, the elimination of poverty and the associated high and persistent levels of unemployment.


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