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Economic Survey of Latin America 1959

image of Economic Survey of Latin America 1959

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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Recent developments in Latin American reform

The slow development of Latin American agriculture has up to now been one of the principal obstacles to the region’s economic progress; production has failed to keep pace with the growing demand for foodstuffs and raw materials of an expanding and increasingly urbanized population with rising income -levels. Moreover, because of its extremely low average income, the agricultural population does not offer an adequate market for industrial goods. Both factors act as a powerful brake on the balanced growth of the Latin American economy.

English

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