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.




Since 1995, a series of political events in Ecuador has led to a deterioration in the country's fiscal position, a weakening of its financial system and slow growth. In 1996 and early 1997, political factors again had a negative impact on the economy due, above all, to the climate of uncertainty they created during much of that period.


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