Colombia
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America 1954 , pp 154-160
- Publication Date: December 1954
- DOI: https://doi.org/10.18356/a6215f77-en
- Language: English
An unusually favourable external circumstance, the high price of coffee, ensured a 13 per cent increase in Colombia’s gross income for 1954—the highest in the last five years—despite the altered situation during the second half of the year. A compensatory policy prevented this expansion from assuming an inflationary character during the first six months and from relapsing into a depression later in the year, when lower coffee prices modified the anticipated results. The high investment coefficient (17.9 per cent) was exceeded during the last five years only by that of 1953 (20 per cent).
© United Nations
ISBN (PDF):
9789210583572
Book DOI:
https://doi.org/10.18356/b2bd1486-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Colombia
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