Economic Survey of Latin America 1948

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The Economic Survey of Latin America is issued annually by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC). It covers the economic situation in Latin America and provides a concurrent economic overview of the region.




Although some of the countries in Latin America have entered a period of transition in their economies, the region as a whole continues to be essentially agricultural. It is evident, however, that agriculture is becoming relatively less important, not only because of a larger and more rapid development of other economic activities, but also because it has not been given the attention it deserves.


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