1945

Trends in the Latin American Economy in 1981

Despite Latin America's impressive growth since the end of World War II, its development is still strongly conditioned by events outside the region. Indeed, the trade and capital flows which tie it to the industrialized countries have grown in relative importance since the oil crisis of 1973, so that it is difficult for the region to deviate for long from basic trends in the international economy.

Related Subject(s): Economic and Social Development
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