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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

Reorientation of Central American integration

The Central American countries promoted a vigorous integration process which gave rise to valuable experience. The increased trade furthered industrialization and stimulated investment, modernization of production and economic growth. However, the exhaustion of the past growth model based on agricultural exports and the persistence of the system of over-protection of substitution industry, which was continued longer than was necessary, led to a profound crisis in the economies and in the integration programme itself.

English Spanish

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