Economic Survey of Latin America and the Caribbean 1991

image of Economic Survey of Latin America and the Caribbean 1991

Published in two volumes - volume I gives insight into the economic trends, the international economy and the role of exchange rate policy in Latin America and the Caribbean. Volume II explores the economic developments by country. Complimentary tables of statistics are included.



Total supply and demand

In 1991, the overall economy of Latin America and the Caribbean recovered slightly after three years of virtual stagnation. This was reflected in upturns in activity level, total supply and domestic availability of goods and services, in response to a revival of private investment (which in many cases had been at a very precarious level) and, to a lesser extent, to the expansion of exports. However, the effects of the severe economic crisis which has eroded levels of well-being in the region since the early 1980s are still far from being overcome.


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