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.

English Spanish

Latin America: Highlights from the implementation of the System of National Accounts 1993

This paper reviews the Latin American experience with the implementation of the 1993 System of National Accounts and the updating of the national accounts’ base year. It also makes a preliminary assessment of the possible measurement biases in nominal gdp estimates stemming from the use of outdated national accounts base years, downward biases in household final consumption estimates, and an overestimation of gross fixed capital formation in construction activities.

English Spanish

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