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World Economic Survey 1962

image of World Economic Survey 1962

Part one: The Developing Countries in World Trade, presents the first series of papers prepared for discussion at the second session (May-June 1963) of the Preparatory Committee for the United Nations Conference on Trade and Development, to be convened in 1964. These papers addressed the broad issue of trade as an instrument for economic development of the developing countries. Part two: Current Economic Developments, the advances in production during 1962 were more moderate than in earlier years in many parts of the world, and frequently disappointed expectations. The rising trend in output, however, was well maintained in the early months of 1963, and the immediate outlook continued to be generally favourable. For the underdeveloped countries, the recovery from recession in North America, combined with some restocking in western Europe, favoured their export trade in 1962.

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Foreword

This report, World Economic Survey, 1962, is the fifteenth in a series of comprehensive reviews of world economic conditions published by the United Nations. It is issued in response to General Assembly resolution 118 (II), in which the Secretary-General was requested to prepare an annual review and analysis of world economic conditions and trends. The report is intended to meet the requirements of the Economic and Social Council and other organs of the United Nations for an appraisal of world economic conditions which may serve as a basis for recommendations in the economic field; it is also designed to meet the needs of the general public.

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