UNBALANCED GROWTH IN RUMANIA.

This article focuses on the unbalances economic growth in Rumania. In the last two years the Rumanian Statistical Office has reported figures of industrial growth which amount to the highest in the entire socialist block, with the possible exception of Mongolia: gross industrial output at 1955 prices rose by 12 per cent in 1960 and by 16 percent in 1961. The Six Year Plan for 1959-65 calls for a sustained rate industrial growth of about 13 per cent per year. Rumania is rich in petroleum, gas, and timber resources. With a population of 18 million, it accounts for 88 per cent of crude oil extraction in this group, 81 per cent of the natural gas output, and roughly 20 per cent of the timber produced. With respect to the materials and semifabricates that are considered essential ingredients of growth in these states, Rumania is still underdeveloped and lags behind its allies, but it is catching up, it produced nearly 7 per cent of the steel in the group in 1950, 9 per cent in 1960, and is slated to produce 3.3 million tons in 1965, or 11 per cent of the group's output.