1887

Economic Survey of Latin America 1951-1952

image of Economic Survey of Latin America 1951-1952

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.

English

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Energy

The problem of an adequate supply of energy, in its different forms, is a preoccupation of the first order among almost all the nations of Latin America. Energy is not only of vital importance to those countries which must import fuels to satisfy consumption requirements, but apart from the exceptional case of Venezuela, it is no less important to fuel exporting countries. These continue to lose ground as such through the tendency of domestic consumption to absorb an ever-increasing proportion of the production; Colombia, Ecuador and Peru for example. Furthermore, there are cases, such as Mexico, where the exportable surplus is small and may disappear entirely within a few years, unless a substantial increment in production, which will not endanger reserves, is obtained.

English

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