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Economic Survey of Latin America 1971

image of Economic Survey of Latin America 1971

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.

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Introduction

There is general agreement that the 1970s will bring very appreciable changes in the characteristics and trends of the world economy, compared with the 1960s. The monetary and financial crisis of 1971, which occurred after a number of warning signs and disruptions, has been seen as an outward sign of all the changes that have been brewing within the world economy and as a first step in the readjustment of institutions and procedures to deal with new circumstances.

English

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