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Economic Survey of Latin America and the Caribbean 1994-1995

image of Economic Survey of Latin America and the Caribbean 1994-1995

Issued 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 statistical tables are included.

English

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Chile

The adjustment programme that had been implemented by the Chilean authorities since the previous year realized its chief objective during 1994: to cut inflation while maintaining growth. The inflation rate fell below 9%, its lowest level in the past 30 years, and the gross domestic product (GDP) rose 4%, which brought the average annual growth rate for the past 11 years to around 6.5%.

English

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