1945

Evolution and structure of Central American imports and prospects for intra-Central American trade

About 1945, the five Central American countries entered upon a period of steady economic development based primarily on heavier foreign demand for their traditional exports and supplmented by a certain measure of diversification in agricultural export commodities for four of the countries, and. the continuation of manufacturing development initiated in three of them during the first half of the 1940's. Economic development was accompanied by a rapid growth of urban population, which served to diversify the expansion of domestic demand.

Related Subject(s): Economic and Social Development
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