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.




Brazil’s economic situation in 1954 displayed strongly contrasting features. On the one hand, inflation gained a new impetus, while exchange and balance-of-payments difficulties became critical; on the other, gross income expanded by more than 11 per cent in relation to 1953, which is the record increase during the last few years. Simultaneously, the investment coefficient, which had already shown a relatively sharp fall during the preceding year, again declined to only 12.7 per cent of gross income, or one of the lowest post-war levels.


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