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Economic and Social Survey of Asia and the Pacific 1974

image of Economic and Social Survey of Asia and the Pacific 1974

This latest edition of the Survey analyzes current economic and social developments in the region against the background of events in the world economy. It also focuses on the serios problems of growth and transformation of the area's least developed and Pacific Island developing economies.

English

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Employment, manpower development and technology

One of the most crucial problems which ESCAP developing countries are facing comprises unemployment and underemployment. The region’s rapid increase in population, which is continually placing additional labour on existing labour markets, is attributable primarily to high fertility rates. Declines in mortality rates have also contributed to the population explosion. Most ESCAP developing countries have failed to absorb the growing labour supply, with the result that unemployment and underemployment are now widespread.

English

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