Economic Survey of Latin America and the Caribbean 1996-1997

image of Economic Survey of Latin America and the Caribbean 1996-1997

In 1996 and 1997, the economies of Latin America and the Caribbean appeared to have returned to the pattern of moderate growth. Part I of this publication gives insight into the economic trends, the international economy and the role of exchange rate policy in the region. Part II explores the economic developments by country. Included also is a statistical annex on diskette, which contains tables extending as far back as 1980.




Signs of an upturn in both output and expenditure intensified over the course of 1996; in the last quarter gross domestic product (GDP) reached a record high. The unemployment rate, despite improvement, was still very high (above 17%), while inflation was nearly zero. In 1997 output growth has accelerated without undermining price stability.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error