Economic Survey of Latin America and the Caribbean 1984

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Features: 1) the major trends in the economy of Latin America and the Caribbean in 1984; 2) economic developments by countries in the region examining economic growth, production, employment and unemployment, prices and wages, the external sector, and monetary and fiscal policies; and 3) the evolution of the economy and economic policy in Uruguay in the period 1981-1984.




The performance of the Brazilian economy in 1984 was in general satisfactory in comparison with the meagre results of the three preceding years. The chief improvements were the recovery of growth and the notable dynamism of the external sector, although high interest rates and the financial difficulties of the public sector continued to have adverse effects. The declining trend observed during the three preceding years in the employment levels of the formal sector and in wages and salaries was halted.


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