1945

Introduction

image of Introduction

It is the common hope that the pace of development in the coming decade can be quickened. When the General Assembly set a target of 5 per cent as the rate of growth in income and output to be attained by developing countries as a whole by the end of the present Development Decade, it may have seemed optimistic in the light of historical experience. However, while the present decade has not yet come to a close, it seems likely that the actual performance of the developing regions may not fall much short of this initial objective. If effective policies for growth are pursued in both developing and developed countries, there is no objective reason why such performance cannot be improved in the years to come. In this report, some of the issues which confront both groups of countries in reviewing their policies are discussed.

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