El Salvador
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1983 , pp 345-367
- Publication Date: December 1983
- DOI: https://doi.org/10.18356/f4d5f90d-en
- Language: English
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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