Part one of World Economic Survey 1968 discusses problems and policies relating to the prospective growth of population, employment and educational requirements. It also examines policies for the acceleration of agricultural and industrial growth in the coming decade, analysing the increase in domestic and external resources required for this acceleration and considering the implication for policies of both developing and developed countries.
First and foremost, the economy affects how a government acts. Economic growth stimulates business and spending. Increased exports and imports lead to greater income from business taxes. ... On the flip side, in times of economic recession, government spending is often reduced
