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.



El Salvador

It is becoming increasingly difficult to examine the recessive situation in El Salvador by applying traditional categories of economic analysis. The protracted political conflict suffered by the Salvadorian community is a central issue in political, economic, social and institutional spheres. The country's depressed economy —made apparent by a considerably reduced level of activity, an extremely high rate of unemployment and severe maladjustments in balance of payments and fiscal accounts— has aggravated the factors deriving directly from the above-mentioned conflict, namely a large and continuing loss of life and widespread damage to the economic infrastructure. In addition, the internal armed confrontation has become progressively more international in its effects owing to the recent influence of external participants.


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