Economic Survey of Latin America 1948

image of Economic Survey of Latin America 1948

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.



Balance of payments

Very few Latin-American countries have been able to publish regular information concerning their balance of payments. Fortunately, the countries which are parties to the Bretton Woods Agreement have undertaken the systematic compilation, on the basis of a common model, of such data as have been published by the International Monetary Fund for 1947. This is the only compilation which has been made to date, so that after examining the principal data contained therein, recourse must be had to fragmentary information to obtain an approximate idea of the movements which took place after the war.


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