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Economic Survey of Latin America and the Caribbean 1998-1999

image of Economic Survey of Latin America and the Caribbean 1998-1999

This survey presents an overview of the regional economy and the economic performance in 1998 and the first half of 1999. It also offers individual country reports on the performance of the 20 countries of Latin America during 1998 and the first half of 1999. In addition, the Economic Survey of Latin America and the Caribbean analyzes the economic situation in the countries of the English-speaking Caribbean. This year's edition includes a CD-ROM that contains the statistical appendix.

English

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Macroeconomic policy

Events in 1998 exposed the region’s vulnerability to the caprices of external capital flows and showed just how little manoeuvring room is available to national economic policy-makers. Countries suffering from chronically high external deficits and those whose trade or fiscal accounts were exposed to international price fluctuations had to restrain domestic demand in order to bring it into line with the meager inflow of foreign capital.

English

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