Economic Survey of Latin America 1962

image of Economic Survey of Latin America 1962

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.



Manufacturing sector

The general course of the Latin American manufacturing industry in 1962 was less favorable than in several preceding years, at least as far as the growth of over-all production is concerned,. In the other aspects of industrial development—primarily intended to set the stage for its future growth—considerable—progress continued to be made in a large part-of the area. Outstanding among these aspects of organic development are significant progress in projects under way, the gradual completion and integration of industrial processes, the progressive orientation of production toward the potentialities of the regional market, and growing rationalization in the operations of manufacturing enterprises.


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