Hostname: page-component-77c89778f8-fv566 Total loading time: 0 Render date: 2024-07-18T23:06:09.639Z Has data issue: false hasContentIssue false

Issues and Challenges of Asian Development

Published online by Cambridge University Press:  06 September 2018

Get access

Extract

The economy of Southeast Asia has been in relatively good shape in spite of the instability of the world monetary system, trade deficits, and the worldwide oil crisis. There are promising factors for economic growth, opportunities for employment, and possibilities of rising income. But Asian development presents short-and long-term problems of a very complicated nature. One of the most serious problems is inflation and its impact on the social and political programs of individual countries. At the same time, there are severe shortages of basic commodities, such as oil and food. My own country, Japan, is among those affected.

Type
Articles
Copyright
Copyright © Carnegie Council for Ethics in International Affairs 1975

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)