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...

Full description

Bibliographic Details
Main Author: B. BALASSA
Format: Article
Language:English
Published: Associazione Economia civile 2014-03-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11721
_version_ 1811172608770572288
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
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