CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

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Internal debt and financial adjustment in Peru

The crisis of the 1980s was preceded in Peru by five years of economic stagnation which accentuated its effects. Gross investment fell sharply, as did industrial and farm production and construction. However, this fall was due mainly to activities connected with domestic demand, for activities responding to the international market did not have the same results.

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