Public and Private Savings of Selected Developing Countries in the First UN Development Decade

Paul Jonas and Anjum Nasim
Additional contact information
Paul Jonas: Quaid-i-Azam University, Islamabad
Anjum Nasim: Quaid-i-Azam University, Islamabad

The Pakistan Development Review, 1976, vol. 15, issue 4, 446-457

Abstract: The developed countries contain about one-third of the world population and they produce more than 80 percent of Gross World Product (GWP). The remaining two-thirds of the population of our Globe who lives in Asia. Latin America and most of Africa produces less than 20 percent of the GWP. A small segment of the population of these countries is wealthy but the overwhelming majority subsists on substandard incomes and is characterised by mass illiteracy, mal-nutrition, bad housing and lack of medical care. Because of these characteristics they have low productivity, which yields low level of income; low incomes, in turn, imply a small capacity to save resulting in an economic situation where there is barely a possibility to moblize resources for development. The question has often been raised: 'Is there way out for the developing countries'?

Date: 1976
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.pide.org.pk/pdf/PDR/1976/Volume4/446-457.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:15:y:1976:i:4:p:446-457

Access Statistics for this article

More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Bibliographic data for series maintained by Khurram Iqbal ().