Peru
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1988 , pp 531-561
- Publication Date: December 1988
- DOI: https://doi.org/10.18356/9ef67545-en
- Language: English
In 1988 the Peruvian economy performed very unfavourably, despite the fact that the terms of trade improved substantially for the second consecutive year. The gross domestic product fell by 9% —the second largest decline in several decades— and in December the annualized rate of inflation exceeded the unprecedented figure of 1 700%. All of this took place in a context of growing political violence and uncertainty respecting institutional continuity.
© United Nations
ISBN (PDF):
9789210583022
Book DOI:
https://doi.org/10.18356/9862a877-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Peru
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