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Economic and Social Survey of Asia and the Pacific 1991

Continued Resilience of the ESCAP Region Despite World Economic Slow-Down - Challenges of Macroeconomic Management and Evolving Policy Reforms

image of Economic and Social Survey of Asia and the Pacific 1991

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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Selected issues in policy reforms

Combined, the wide-ranging modifications to policy stance in key sectors such as trade and industry would strengthen substantially the role of product markets (domestically and internationally) as engines of economic growth and structural change. But for the process to take place efficiently and flexibly several ancillary conditions need to be met, particularly in an environment exhibiting Considerable distortions and rigidities.

English

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