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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

Planning in mixed market economies and the paradigms of development: problems and options

The crisis undergone by Latin America in the 1980s has been the most serious one to occur during its process of industrial developm ent, not only because of its intensity, but also because of the difficulties involved in designing and implementing options that might pave the way to solutions for the problems which originated it. The context of the crisis of the 1930s was entirely different: the region had only just begun its industrialization process, and the main body of problems at the time could not be attributed to industrial activity. Moreover, the self-contained nature of the economy insulated a large part of the population from the principal negative effects of the interrup tion of international trade and credit flows.

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