Economic Survey of Latin America 1966

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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 system of land tenure and other institutional obstacles to agricultural development

Until a short while ago, the backwardness of Latin American agriculture was regarded as essentially a problem of poor distribution of investment or of the rural population’s lack of educational opportunities. Recently, however, more attention has been paid to institutional factors, and it is generally recognized that conditions in the agricultural sector are such that new capital investment is bound to encounter obstacles which make it doubtful that it can yield good returns in terms of increased output.


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