The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65
The developing countries approached the Development Decade - the period 1960-1970 - with great expectations. While export prospects were viewed with some pessimism, a considerable increase in the rate of economic growth was forecast. The present work uses data from the first half of the sixties in o...
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Format: | Article |
Language: | English |
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Associazione Economia civile
2014-03-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11721 |
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author | B. BALASSA |
author_facet | B. BALASSA |
author_sort | B. BALASSA |
collection | DOAJ |
description | The developing countries approached the Development Decade - the period 1960-1970 - with great expectations. While export prospects were viewed with some pessimism, a considerable increase in the rate of economic growth was forecast. The present work uses data from the first half of the sixties in order to evaluate the extent to which these projections have been realised. The author considers the growth performance of the developing countries, increases in their exports and in the inflow of foreign capital, the use of foreign exchange earnings, the main influences affecting their economic growth, and the prospers for the second half of the Development Decade.
JEL: F31, F34, O11, O40
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first_indexed | 2024-04-10T17:33:04Z |
format | Article |
id | doaj.art-ff016914c97d475b8a619d77e312fb06 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:33:04Z |
publishDate | 2014-03-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-ff016914c97d475b8a619d77e312fb062023-02-03T16:43:49ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-03-01218710.13133/2037-3643/11721The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65B. BALASSAThe developing countries approached the Development Decade - the period 1960-1970 - with great expectations. While export prospects were viewed with some pessimism, a considerable increase in the rate of economic growth was forecast. The present work uses data from the first half of the sixties in order to evaluate the extent to which these projections have been realised. The author considers the growth performance of the developing countries, increases in their exports and in the inflow of foreign capital, the use of foreign exchange earnings, the main influences affecting their economic growth, and the prospers for the second half of the Development Decade. JEL: F31, F34, O11, O40 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11721Developmentgrowthperformanceless developed countriesexportsforeign capital |
spellingShingle | B. BALASSA The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 PSL Quarterly Review Development growth performance less developed countries exports foreign capital |
title | The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 |
title_full | The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 |
title_fullStr | The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 |
title_full_unstemmed | The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 |
title_short | The first half of the development decade: growth, trade and the balance of payments of the developing countries, 1960-65 |
title_sort | first half of the development decade growth trade and the balance of payments of the developing countries 1960 65 |
topic | Development growth performance less developed countries exports foreign capital |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11721 |
work_keys_str_mv | AT bbalassa thefirsthalfofthedevelopmentdecadegrowthtradeandthebalanceofpaymentsofthedevelopingcountries196065 AT bbalassa firsthalfofthedevelopmentdecadegrowthtradeandthebalanceofpaymentsofthedevelopingcountries196065 |