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attention for developing economies. 68 A comprehensive study of
both development needs and of Technical Assistance measures
undertaken in various parts of the world resulted in the formation
of the Industrial Development Center concept. This new approach
was first applied in the establishment of the Philippines
Industrial Development Center in 1955.69 Planning the concept of
this institution required months of sector surveys, assessment of
prior experience in the Philippines with Productivity and Technical
Assistance programs for both large and small industry, and review
of previous Technical Assistance measures for small and cottage
industries. It required two years of planning and bilateral talks
to evolve the form of an institution believed better adapted to the
development needs of emerging industrial economies.
289.
The Philippine Center, funded largely with counterpart
currency of U.S. aid, was a governmental Sub-Division of the
National Economic Council. 70 Its primary objective was to assist
in the establishment of new industries given priority by the
National Economic Council. The Philippine Center staff and U.S.
consultants extended technical services in all stages of new
68 ICA, Communications in Industrial Development and Small
Industry, Washington, D.C., 1956, and Information Relating to
Selected Investment Loan Fund and Industrial Development
Projection, Washington, D.C., 1958.
⁶⁹ICA, Philippines Industrial Development Services, March 15,
1954.
⁷⁰ICA, Project Proposal and Approval Summary, Philippines
Industrial Development Center, February 23, 1955.
156
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"ocrText": "attention for developing economies. 68 A comprehensive study of\nboth development needs and of Technical Assistance measures\nundertaken in various parts of the world resulted in the formation\nof the Industrial Development Center concept. This new approach\nwas first applied in the establishment of the Philippines\nIndustrial Development Center in 1955.69 Planning the concept of\nthis institution required months of sector surveys, assessment of\nprior experience in the Philippines with Productivity and Technical\nAssistance programs for both large and small industry, and review\nof previous Technical Assistance measures for small and cottage\nindustries. It required two years of planning and bilateral talks\nto evolve the form of an institution believed better adapted to the\ndevelopment needs of emerging industrial economies.\n289.\nThe Philippine Center, funded largely with counterpart\ncurrency of U.S. aid, was a governmental Sub-Division of the\nNational Economic Council. 70 Its primary objective was to assist\nin the establishment of new industries given priority by the\nNational Economic Council. The Philippine Center staff and U.S.\nconsultants extended technical services in all stages of new\n68 ICA, Communications in Industrial Development and Small\nIndustry, Washington, D.C., 1956, and Information Relating to\nSelected Investment Loan Fund and Industrial Development\nProjection, Washington, D.C., 1958.\n⁶⁹ICA, Philippines Industrial Development Services, March 15,\n1954.\n⁷⁰ICA, Project Proposal and Approval Summary, Philippines\nIndustrial Development Center, February 23, 1955.\n156"
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