Economic Survey of Latin America and the Caribbean 1983

image of Economic Survey of Latin America and the Caribbean 1983

Analyzes the evolution of the economy of Latin America and the Caribbean in 1983, the financial constraint, the transfer of resources and external debt renegotiations; and presents the economic evolution of each country in the region, examining economic growth, external sector, prices and wages and monetary and fiscal policies.




The Honduran economy continued to suffer from pronounced financial imbalances in 1983. The situation with respect to external liquidity worsened; the deficit in public finances persisted; and real wages declined once again. In the midst of a great deal of tension, some of which was not economic in nature, activity as measured by the gross domestic product at market prices slowed for the second year running. After decreasing slightly less than 2% in 1982, it declined by less than 1% in 1983.


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