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Economic Survey of Latin America 1950

image of Economic Survey of Latin America 1950

Published since 1948, this report examines various aspects of the previous year’s macroeconomic situation in the region and makes projections for the coming months. The study also includes country notes that review the performance of the main economic indicators in the period analysed.

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Industry

The rate of development of industrial production between 1945 and 1949 has been particularly outstanding in four countries of Latin America. According to published indices of industrial production and those compiled by the Economic Commission for Latin America, covering a total of eleven countries, these four are: Venezuela, with an average annual increase of 12.2 per cent; El Salvador, with an increase of 11 per cent; and Argentina and Chile, with 6.5 per cent. The lowest increases were recorded in Cuba (1.5 per cent) and in Bolivia (3.3 per cent). In the other six Latin American countries the rate of industrial expansion varied between 4 and 5.2 per cent annually.

English

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