Economic development of the Indian Ocean countries
Countries bordering the Indian Ocean, except for Australia, are largely underdeveloped. Although the populations are mainly rural and agricultural, several countries show the stresses of urbanization. Thirteen countries have been studied. On the whole, significant economic progress is being made. Rates of manufacturing growth of the Indian Ocean countries have been reasonably high. The dominant thrust of economic development in the Indian Ocean countries has been to reserve the domestic market f or local producers, usually by protective or promotional policies. In their strategies of import-substituting industrialization, the Indian Ocean countries consciously sacrificed a possibly high level of performance in agriculture and exporting. There is some evidence that these countries recognize that for too long they have pursued industrialization at the expense of agricultural and export sectors, income distribution, and employment effects. The total trust of development should henceforth b e better balanced. The devaluation of presently overvalued local currencies, a difficult step with far-reaching effects, might improve the lot of domestic agriculture and enhance agriculture's export potential.
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| Language: | English |
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FAO ;
1971
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| Online Access: | https://openknowledge.fao.org/handle/20.500.14283/B3029E http://www.fao.org/3/a-b3029e.pdf |
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dig-fao-it-20.500.14283-B3029E2024-03-16T14:32:35Z Economic development of the Indian Ocean countries Economic development of the Indian Ocean countries problems, policies, prospects Clement, M.O. Countries bordering the Indian Ocean, except for Australia, are largely underdeveloped. Although the populations are mainly rural and agricultural, several countries show the stresses of urbanization. Thirteen countries have been studied. On the whole, significant economic progress is being made. Rates of manufacturing growth of the Indian Ocean countries have been reasonably high. The dominant thrust of economic development in the Indian Ocean countries has been to reserve the domestic market f or local producers, usually by protective or promotional policies. In their strategies of import-substituting industrialization, the Indian Ocean countries consciously sacrificed a possibly high level of performance in agriculture and exporting. There is some evidence that these countries recognize that for too long they have pursued industrialization at the expense of agricultural and export sectors, income distribution, and employment effects. The total trust of development should henceforth b e better balanced. The devaluation of presently overvalued local currencies, a difficult step with far-reaching effects, might improve the lot of domestic agriculture and enhance agriculture's export potential. 2023-04-27T12:11:28Z 2023-04-27T12:11:28Z 1971 2019-05-30T19:27:43.0000000Z Document https://openknowledge.fao.org/handle/20.500.14283/B3029E http://www.fao.org/3/a-b3029e.pdf English FAO VIII, 20 application/pdf Thailand FAO ; |
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FAO IT |
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Italia |
| countrycode |
IT |
| component |
Bibliográfico |
| access |
En linea |
| databasecode |
dig-fao-it |
| tag |
biblioteca |
| region |
Europa del Sur |
| libraryname |
David Lubin Memorial Library of FAO |
| language |
English |
| description |
Countries bordering the Indian Ocean, except for Australia, are largely underdeveloped. Although the populations are mainly rural and agricultural, several countries show the stresses of urbanization. Thirteen countries have been studied. On the whole, significant economic progress is being made. Rates of manufacturing growth of the Indian Ocean countries have been reasonably high. The dominant thrust of economic development in the Indian Ocean countries has been to reserve the domestic market f or local producers, usually by protective or promotional policies. In their strategies of import-substituting industrialization, the Indian Ocean countries consciously sacrificed a possibly high level of performance in agriculture and exporting. There is some evidence that these countries recognize that for too long they have pursued industrialization at the expense of agricultural and export sectors, income distribution, and employment effects. The total trust of development should henceforth b e better balanced. The devaluation of presently overvalued local currencies, a difficult step with far-reaching effects, might improve the lot of domestic agriculture and enhance agriculture's export potential. |
| format |
Document |
| author |
Clement, M.O. |
| spellingShingle |
Clement, M.O. Economic development of the Indian Ocean countries |
| author_facet |
Clement, M.O. |
| author_sort |
Clement, M.O. |
| title |
Economic development of the Indian Ocean countries |
| title_short |
Economic development of the Indian Ocean countries |
| title_full |
Economic development of the Indian Ocean countries |
| title_fullStr |
Economic development of the Indian Ocean countries |
| title_full_unstemmed |
Economic development of the Indian Ocean countries |
| title_sort |
economic development of the indian ocean countries |
| publisher |
FAO ; |
| publishDate |
1971 |
| url |
https://openknowledge.fao.org/handle/20.500.14283/B3029E http://www.fao.org/3/a-b3029e.pdf |
| work_keys_str_mv |
AT clementmo economicdevelopmentoftheindianoceancountries AT clementmo problemspoliciesprospects |
| _version_ |
1799251956543258624 |