By United Nations
Having been created in 1947, the United countries monetary and Social fee for Asia and the Pacific (ESCAP) is now 60 years outdated and is getting into its 7th decade at a time while the United international locations process as a complete goes via a interval of mirrored image and reform. This publication makes an attempt to embed ESCAPs tale into that of the Asian and Pacific area as an entire, which has moved from a quarter stamped via the consequences of an extended colonial heritage, to its emergence as an immense participant at the worldwide scene.
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Extra resources for First Parliament of Asia, The: Sixty Years of the Economic and Social Commission for Asia and the Pacific (1947-2007)
Example text
N itdwas already a huge and dynamic tradinsarca - wcchanginga vast array of pods: ~ p c wtwctiks, , porcelain, precious mdals, carpets, p c r f u m e , ~ ~ ~ ~ l I e ~ , horses, timber, salt, raw silk, p l d , siher and mediinal herbs. Spanish that were then sdd on by ~talian traders. T+WJalso travelled, in the other - thou& direction, to what is now ~ndooesia at that time could not venture much further east since their ships could not withstand the typhoons of the south china sea - nor could their sailors fend uff the ferocious local pirates.
In 1950 the region had just 14% of global exports and much of this consisted of raw materials - cotton from India, rubber from Malaya, jute from Pakistan. Even by the late 1950s the region was responsible for only about one sixteenth of the global output of manufactured goods, and almost half of this came from Japan. Nor was there much trade between Asian nations. During the period 1957-1959 intra-regional exchanges accounted for only around one third of the region's total trade and much of this was concentrated in very few countries; not surprising perhaps, since many of the countries had, at the behest of colonial administrations, been producing very similar goods.
The vessel is designed to carry cargo as well as 150 deck passengers and 6 cabin passengers. B o o s t i n g international trade Asia and the Pacific is now the world's most dynamic trading region. But 60 years ago the picture looked very different. In 1950 the region had just 14% of global exports and much of this consisted of raw materials - cotton from India, rubber from Malaya, jute from Pakistan. Even by the late 1950s the region was responsible for only about one sixteenth of the global output of manufactured goods, and almost half of this came from Japan.