World Economic Survey 1966

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Part one: Implementation of Development Plans: Problems and Experience, offers a series of papers dealing with problems and experience in the implementation of development plans. The subject of plan implementation has figured prominently in recent discussions in international forums. The Survey reviews certain aspects of the experience of the centrally planned economies that may be relevant to the problems of plan implementation in developing countries. Part two: Current Economic Developments, covers the economic events of 1966 and early 1967, summarizing the principal developments in the world economies, including trade and production in all major regions, as well as institutional changes in the centrally planned countries. Furthermore, the Survey analyses the specific difficulties currently faced by developing countries.




Part Two of the World Economic Survey 1966 deal,s with the salient features of the current situation of the world economy. It covers the events of 1966 and early 1967, and summarizes the principal developments in the three major groups of countries of the world-the developed market economies, the centrally planned economies and the developing countries. A broad review of world trade and production is presented in the first chapter. In the second chapter, the major developments in the industrially advanced market economies are discussed. The third chapter discusses current developments, the balance between demand and supply of consumer goods, and institutional changes in the centrally planned countries. In the fourth chapter, the economic progress recently made by the developing countries and the difficulties they are currently facing are described.


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