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Economic and Social Survey of Asia and the Pacific 1990

image of Economic and Social Survey of Asia and the Pacific 1990

The annual Survey provides an extensive annual review of current economic and social trends within the Asian region and analyzes these developments against the background of events in the world economy. This publication is invaluable to every multinational corporation intending to expand their business in Asia or to invest in the region.

English

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Rationale, scope and content of the study

Infrastructure development is an essential part of economic development as it affects the growth and efficiency of all sectors of the economy. An increase in the supply of electricity, an expansion of transport and communications facilities, a bettertrained and healthier labour force all lower the unit costs of production and raise the productive capacity of the economy as a whole. Shortages in the availability of any of the key facilities and services can have a multiplier effect on the aggregate output of the economy, causing inflationary pressures and a slow-down in the growth of the economy. This crucial and strategic role of infrastructure facilities underlines their economic significance. It is generally recognized that the poor quality and limited supply of infrastructure facilities constitute a major source of high costs for all producers and consumers in many developing economies.

English

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