1945

This chapter provides an analysis of the regional economy in terms of its main thematic areas. (i) The external sector is analysed from the standpoint of the balance of payments and indicators such as commodity export prices, the terms of trade, goods and services trade, capital flows and foreign borrowing. (ii) Economic policy is reviewed in its fiscal, exchange-rate and monetary dimensions. (iii) Domestic performance is examined from several angles: sectoral supply, aggregate demand, saving as a financing source for investment, inflation, wages and employment.

Related Subject(s): Economic and Social Development
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