Comparative study of the capacity to import in selected Latin American countries, 1946-55

It is a well-known fact that economic development is closely linked to the rate of growth of the capacity to import. Furthermore, a perusal of the analysis of the changes in the pattern of imports undertaken in another part of this Survey, will bring to mind the fact that these changes are to some degree contingent upon this capacity. Again, the experience of some Latin American countries since the end of the Second World War goes to show how important a part has sometimes been played in the shortterm fluctuations of their economic activity by the movements of income from foreign sources. It therefore seems of interest to define the characteristics and determining factors of such development during the past decade.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions