Colombo Plan for Cooperative Economic Development in South and Southeast Asia

1961 ◽  
Vol 15 (2) ◽  
pp. 337-338
Keyword(s):  
Economic Development ◽  
Southeast Asia ◽  
International Organizations ◽  
Annual Report ◽  
Private Investment ◽  
Balance Of Payments ◽  
Direct Result ◽  
Public And Private ◽  
South And Southeast Asia ◽  
Colombo Plan

The twelfth annual meeting of the Consultative Committee of the Colombo Plan for Cooperative Economic Development in South and Southeast Asia was held in Tokyo, Japan, from October 31 through November 17, 1960. The session consisted of the officials' meeting (October 31 to November 11) and the ministerial meeting (November 14 to 17), and was attended by nearly 160 delegates from the 21 member countries of the Colombo Plan, along with observers from Afghanistan and five international organizations. Besides adopting the ninth annual report, the Committee examined the economic situation in the area and noted that progress had been made during the year under review; in most countries production had increased and conditions were favorable to the expansion of both public and private investment. The delegates reported that the mobilization of domestic resources in the area had improved and that several countries had taken measures to restrain inflationary pressures. As a result of more favorable balance of payments conditions and an increase in external investment, the inflow of capital goods into the area had generally increased. The Committee, in noting these most welcome developments, drew attention to the fact that in many instances substantially increased financial resources had become available to the members of the Colombo Plan as the direct result of the efforts exerted by these developing countries themselves.

Colombo Plan for Cooperative Economic Development in South and Southeast Asia

1964 ◽  
Vol 18 (1) ◽  
pp. 199-200
Keyword(s):  
Economic Development ◽  
Southeast Asia ◽  
Gross National Product ◽  
Annual Report ◽  
National Product ◽  
Technical Cooperation ◽  
Consultative Committee ◽  
South And Southeast Asia ◽  
Per Capita ◽  
Colombo Plan

The eleventh annual report of the Consultative Committee of the Colombo Plan was prepared at the Committee's meeting in Melbourne in November 1962. The report noted that, on the basis of available statistics, the rate of progress in the Colombo Plan area during 1961–1962 was uneven, with increases in gross national product of up to 8 percent. On a per capita basis, changes in gross national product ranged from increases of up to 6 percent to falls of 2 percent. One of the most encouraging developments of the year had been the growth of technical cooperation, not only between countries inside the Plan region and those outside it, but also between member countries within the region.

Colombo Plan for Cooperative Economic Development in South and Southeast Asia

1960 ◽  
Vol 14 (2) ◽  
pp. 366-367 ◽  
Keyword(s):  
Economic Development ◽  
Southeast Asia ◽  
Economic Activity ◽  
Agricultural Production ◽  
Annual Report ◽  
Consultative Committee ◽  
Full Member ◽  
South And Southeast Asia ◽  
Per Capita ◽  
Colombo Plan

The eleventh annual meeting of the Consultative Committee of the Colombo Plan for Cooperative Economic Development in South and Southeast Asia was held in Jogjakarta, Indonesia, November 11–14, 1959. Besides adopting its eighth annual report, the Committee approved the inclusion of Singapore as a full member and decided to continue the Colombo Plan for another five years from 1961, the date it was scheduled to end, with the understanding that the 1964 meeting of the Consultative Committee would consider a further extension. A communiqu'e issued at the close of the meeting noted evidence of the quickening pace of economic activity, recovery in agricultural production in many countries in the area, and growth in real per capita income. In addition, the Committee observed that the large increase in population was one of the most pressing problems faced by the area and committed itself to seek more information on this problem for inclusion in subsequent reports.

Consultative Committee on Economic Development in South and Southeast Asia

1957 ◽  
Vol 11 (2) ◽  
pp. 398-400
Keyword(s):  
United States ◽  
Economic Development ◽  
Southeast Asia ◽  
Private Investment ◽  
Developed Countries ◽  
The United States ◽  
Small Scale ◽  
Consultative Committee ◽  
South And Southeast Asia ◽  
Colombo Plan

The eighth meeting of the Consultative Committee on Economic Development in South and Southeast Asia (Colombo Plan) was held in Wellington, New Zealand from December 4 to 8, 1956. The committee noted the progress reported by the United States on a proposal for a regional nuclear center in Manila, for which the United States was prepared to contribute approximately $20 million. The Canadian delegate announced an increase to $34.4 million in the Canadian contribution to the Colombo Plan. Canada also reported on progress in the construction of the Canada-India reactor being established at the Indian Atomic Energy Research Center near Bombay. A communique issued at the end of the meeting stated that during the previous year, a turning point in the progress of the Asian members of the Colombo Plan, many countries had formulated new or renewed national plans and had given continuing attention to improving the planning and execution of their public investment projects. It was reported that the greater part of the cost of development in the public sector was being provided through the efforts of the people of the area, and that, in addition to governmental development projects, private investment was making an important contribution, especially in agriculture and small-scale industries. The report, observing that one of the main obstacles to progress under the Colombo Plan was the lack of skilled personnel, stressed the need for training students in the more developed countries of the area and for sending experts to the area.

Colombo Plan for Cooperative Economic Development in South and Southeast Asia

1959 ◽  
Vol 13 (2) ◽  
pp. 352-355 ◽  
Keyword(s):  
United States ◽  
Economic Development ◽  
Southeast Asia ◽  
Annual Meeting ◽  
Technical Assistance ◽  
Private Investment ◽  
Developed Countries ◽  
The United States ◽  
South And Southeast Asia ◽  
Colombo Plan

The tenth annual meeting of the Consultative Committee of the Colombo Plan for Cooperative Economic Development in South and Southeast Asia was held in Seattle, Washington, November 10–13, 1958. At the meeting the committee's seventh annual report was adopted. It was reported that President Eisenhower, who attended the conference, outlined a five point plan for economic growth which called for expanded international trade; more technical assistance; more private investment; public loans on normal bankable terms; and development financing to provide to the borrower flexibility regarding terms of repayment. Mr. Eisenhower observed that the Development Loan Fund established in 1957 by the United States Congress had given more than half its loans to the Colombo Plan countries. Additions to the fund were needed since Colombo Plan nations had requested further loans for projects which exceeded the resources of the fund. He suggested that progress would be hastened if other more developed countries were to act to meet these growing needs and said that the United States would welcome the contributions of other countries to this end. He spoke of the possibility of creating an international development association for this purpose, as an affiliate of the International Bank for Reconstruction and Development. During the committee's session, it was pointed out by some participants that less developed countries should prepare a satisfactory climate, with investment safeguards, if large private investments were to be expected. Several representatives from less developed areas concurred in this position, referring to steps already taken in this direction. It was decided to hold the next annual meeting of the committee in Indonesia.

Consultative Committee on Economic Development in South and Southeast Asia

1954 ◽  
Vol 8 (2) ◽  
pp. 285-286
Keyword(s):  
Economic Development ◽  
Southeast Asia ◽  
The United States ◽  
New Delhi ◽  
Development Programs ◽  
Consultative Committee ◽  
The Public ◽  
The United Kingdom ◽  
South And Southeast Asia ◽  
Colombo Plan

The fifth meeting of the Consultative Committee on Economic Development in South and Southeast Asia was held in New Delhi from October 13 to 17, 1953, under the chairmanship of Sir Chintaman Deshmukh, Indian Minister of Finance. The meeting was attended by delegations from Australia, Burma, Cambodia, Canada, Ceylon, India, Indonesia, Laos, Nepal, New Zealand, Pakistan, the United Kingdom, the United States, and Viet Nam. A communique issued at the end of the meeting stated that the main purpose of the session was to review progress under the Colombo Plan during 1952–1953, including the achievements of countries in south and southeast Asia in their development programs. The Committee recognized the desirability of stimulating increased understanding of, and interest in, the Colombo Plan and its aims and objectives. It accepted a proposal for the establishment of a small information unit in Colombo; this unit was to collect information relating to the Colombo Plan, arrange for distribution of this information to all member governments, and serve as a central pool of information which would be available to the press and the public. At its final meeting the Committee unanimously adopted a progress report, on which preliminary work had been done by officials of the participating governments in New Delhi from September 28 to October 8.

Consultative Committee on Economic Development in South and Southeast Asia

1956 ◽  
Vol 10 (2) ◽  
pp. 340-343 ◽  
Keyword(s):  
United States ◽  
Economic Development ◽  
United Kingdom ◽  
Southeast Asia ◽  
The United States ◽  
The Philippines ◽  
Consultative Committee ◽  
The United Kingdom ◽  
South And Southeast Asia ◽  
Colombo Plan

The seventh meeting of the Consultative Committee on Economic Development in South and Southeast Asia (Colombo Plan) was held in Singapore from October 17 to 21, 1955, attended by the original members (Australia, Canada, Ceylon, India, New Zealand, Pakistan and the United Kingdom, together with Malaya and British Borneo), and by representatives of more recent member countries, Cambodia, Laos, Vietnam, the United States, Burma, Nepal, Indonesia, Japan, the Philippines, and Thailand. The United Kingdom announced at the meeting that it had decided to increase its commitment for technical assistance to Colombo Plan members to £7 million over the seven years beginning in April 1956, and the representative for the United States announced that his government had offered to establish in south or southeast Asia a center for nuclear research and training which would include a research reactor and a small power reactor. A communique issued at the conclusion of the meeting mentioned the increasing degree of self-help in the economic development of the region, and stressed the need to encourage private investment in the area. It was further announced that it had been decided at the meeting to extend the Colombo Plan, previously scheduled to end in 1957, until 1961.

Commonwealth Consultative Committee for South and Southeast Asia

1953 ◽  
Vol 7 (2) ◽  
pp. 300-300
Keyword(s):  
Southeast Asia ◽  
Raw Materials ◽  
First Year ◽  
Consultative Committee ◽  
Export Prices ◽  
South And Southeast Asia ◽  
Balance Of Trade ◽  
Private Savings ◽  
To Come ◽  
Colombo Plan

The first report of the Commonwealth Consultative Committee for South and Southeast Asia (the Colombo Plan) was released in May 1952. The Korean conflict, it was noted, had had the short-term effect of improving the balance of trade of countries in the area through increasing volume and prices of exports. As a result, the trade deficits expected when the original plans were drawn up, turned out to be surpluses; increased volume of public revenue had enabled governments to spend more on development projects, in some cases financed wholly from their own resources. Expenditures of the first year of the plan had been appreciably greater than in 1950–1951. Since the end of 1951, however, economic conditions had again changed. Terms of trade were less favorable with a decline in export prices for raw materials. Government contributions for 1952–1953, therefore, were expected to be smaller than in 1951–1952. At the same time, planned expenditures for 1952–1953 were greater than before, due partly to increased costs and partly to additional projects. Unless conditions became “very adverse”, there was a “reasonable expectation” that next year's program would be successfully completed; finances were expected to come from accumulated budget surpluses, internal loans, increased private savings, private foreign investments and loans from other governments and from the International Bank for Reconstruction and Development. As for future years, the report noted that success would depend in part on the determination of the countries involved, careful planning of projects, continuance of the cooperative spirit in which the plan was begun, and technical and capital assistance.

Commonwealth Consultative Committee for South and Southeast Asia

1952 ◽  
Vol 6 (2) ◽  
pp. 337-337
Keyword(s):  
United States ◽  
United Kingdom ◽  
New Zealand ◽  
Southeast Asia ◽  
Financial Aid ◽  
Consultative Committee ◽  
South And Southeast Asia ◽  
Colombo Plan

Meeting to examine the progress of the Colombo Plan, the ministers of Australia, Burma, Cambodia, Canada, Ceylon, India, New Zealand, Pakistan, United Kingdom, United States and Vietnam, convened the Consultative Committee at Karachi on March 24, 1952. The committee was to discuss any alterations in the six-year programs in the light of changed circumstances, and detailed programs for the first two years. Press reports indicated that major importance was placed on the questions of the admission of Japan and possible United States financial aid.

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