1945

The majority of the Latin American countries have since the war taken various measures to protect their balance of payments. In most cases these measures have been adopted with multiple objectives in mind and have not been confined to that of preventing losses of reserves or devaluation of the currency. Protectionist aims, fomenting production (with or without protectionism) and concern with social- economic or social-political problems are mingled with the defence of the balance of payments, so that at times it is impossible to determine which of the objectives has had priority.

Related Subject(s): Economic and Social Development
/content/books/9789210583541s001-c006
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