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Economic and Social Survey of Asia and the Pacific 1987

image of Economic and Social Survey of Asia and the Pacific 1987

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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Changing role of the primary sector in the developing ESCAP region

The developing countries of the ESCAP region, with only a few exceptions, continue to depend on the production of primary commodities as one of the main sources of their income, employment and export earnings. The degree of this dependence has, however, varied considerably across countries and has generally diminished in recent years. For the region as a whole, it is lower and has declined faster than that for other developing regions. This lower and decreasing dependence on primary commodity production is largely a reflection of the region’s poorer endowment of natural resources and the relatively higher population pressure on land, which necessitates a more serious pursuit of other economic activities. The aggregate situation, however, hides considerable differences across the region.

English

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