Replita II also changed the fundamental composition of GDP by reducing agriculture's share from 40% in 1974-5 to 34% in 1978-79. The non-agricultural sectors rose from 60% to nearly 70%
Returning to the general Asian-West Pacific region, it is foreseen that, by the end ol the century, the fess developed countries at present should achieve semi-industrialised status; countries now semi-industrialised will become fully fledged industrial economies.
When looking ahead to the international trade situation in the region it is most probable that
The open' character of the region will not diminish.
Commodities will persist as major exports but manufactured goods will accelerate as development evolves. S.E. Asian countries and China are new areas to watch in this regard
— Competition for shares in the world market will become keener in Asia-Pacific countries, forcing efforts towards product diversifica tion. The regions domestic markets them selves will be an area of contention. Sub- regional blocs will gain strength as a result. In order to reduce the variables in this re gional economic assessment, future evolution of social-political conditions have been largely ignored; the assessment provided here is thus dependent on continued political stability especi ally of the non-communist countries.
In summary therefore, the next decades should see the Asian Pacific region as a large and rapidly growing segment of the world economic community. Its importance will be significantly more visible as its potential is incresingly exploited and as it moves towards greater self sufficiency