World Economic and Social Survey 1962

World Economic and Social Survey 1962
Date:
Unit: Development Research Branch (DRB)Theme: Development Strategies and PoliciesSustainable Development Goals: SDG #8: Decent work and economic growth

Part one: The Developing Countries in World Trade

Part one of World Economic Survey 1962 presents the first series of papers prepared for discussion at the second session (May-June 1963) of the Preparatory Committee for the United Nations Conference on Trade and Development, to be convened in 1964. These papers addressed the broad issue of trade as an instrument for economic development of the developing countries.

Part two: Current Economic Developments

According to part two of World Economic Survey 1962, the advances in production during 1962 were more moderate than in earlier years in many parts of the world, and frequently disappointed expectations. The rising trend in output, however, was well maintained in the early months of 1963, and the immediate outlook continued to be generally favourable. For the underdeveloped countries, the recovery from recession in North America, combined with some restocking in western Europe, favoured their export trade in 1962.