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World Economic Survey 1956 is devoted to a study of balance of payments problems during the post-war period. It reviews the worldwide balance-of-payments experience since the war, the changes in the network of international balances and the pattern of international settlements. Furthermore, the post-war forces shaping the balance of payments of the primary producing countries are studied. The Survey also analyses recent events in the world economy, giving special attention to the factors underlying economic expansion in 1956 and the role of policy in promoting stability and growth. Finally, it provides an economic outlook for 1957.
Economic Developments in the Middle East 1955-1956
This study reviews current economic developments in the Middle East from 1955 to 1956. During 1955 and until October 1956, the main factors affecting the level of economic activity in the Middle-East originated within the region itself. Demand for the region's exports maintained its upward trend; most of this increase was accounted for by petroleum, but other products, notably cotton, also shared in the rise. Also, during the period under review, most countries experienced inflationary pressures.
Economic Developments in Africa 1955-56
This study considers some significant aspects of economic development during 1955 and 1956 in selected African countries. In the Union of South Africa, the rate of expansion in national income slowed down appreciably. In northern Africa, there was a decline in the physical volume of production. The most significant developments in the money economies of tropical Africa were the consequences of changes in world prices of primary commodities.