Koleksi World Bank
Weathering The Storm
The princincipal cause of the 1930s depression in Southeast Asi lay outside the region-through a sharp contraction in demand for thye region's major commodity export. But it han important internal causes, too : an oversupply of primary commodities and increasing scarcity of new agricultural land leading to higher rents and lower wages, rising indebtedness and increasing landlessness.
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