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Economic and Social Survey of Asia and the Pacific 2001

Financing for Development

image of Economic and Social Survey of Asia and the Pacific 2001

Following the impressive recovery in 1999, the economic performance of the ESCAP region strengthened further in 2000 in an environment of low inflation. Prospects for 2001 are mixed. This year's issue of the survey reviews the economic progress in the ESCAP region over the past year and analyzes population dynamics and their related policy implications. It also provides a regional perspective on the subject of 'Financing for Development' looking at such issues as: domestic and external resources; trends in and current distribution of Official Development Assistance; and reform of the international financial architecture.

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Socio-Economic implications of deomographic dynamics

“The production of wealth is but a means to the sustenance of man; to the satisfaction of his wants; and to the development of his activities, physical, mental and moral. But man himself is the chief means of the production of that wealth of which he is the ultimate aim”, so wrote Alfred Marshall, one of the founders of modern economics. This quotation aptly points to the existence of inseparable linkages between demographic dynamics and socio-economic conditions. The aspects of demographic dynamics that are particularly relevant from this perspective are the size and the rate of growth of population, its age composition and its spatial distribution. However, the analysis of socioeconomic implications of demographic dynamics is inevitably fraught with many complexities.

English

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