Economic Survey of Latin America 1954

image of Economic Survey of Latin America 1954

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.



The growth of income, investment and inflationary expansion

Previous reports have already drawn attention to the clear symptoms of weakness in the rate of Latin America’s economic development. Despite some circumstantial evidence, throughout the year 1954 the factors unfavourable to the recovery of the high rates of growth attained by Latin America during the five years immediately after the Second World War, rather than slackening, have continued to operate. These adverse influences are of both external and internal origin and require objective emphasis and explanation.


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