The inflationary process

At the beginning of 1949 the majority of the Latin-American countries were facing monetary problems which in some cases were notably grave. With four exceptions, the gold and foreign exchange assets of all countries have declined from the peak they reached around 1946. Even though they are higher, on the whole, than in 1938, their usefulness as a means of international payment is relatively less in certain cases because part of the foreign exchange holdings are blocked or inconvertible, and also because international prices have risen.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions