Latin American exports and the markets for primary products

Economic expansion continued in the industrialized part of the world in 1962, although the degree of expansion was quite different in each region. In the countries that had been affected by a slight recession in 1960/61, economic activity recovered in the first half of 1962. Although this movement slowed down in the second half of 1962 and the first quarter of 1963, the increases for the year as a whole in the various countries were generally higher than those for the previous year. The opposite occurred in the European Economic Community, where the rate of growth of economic activity continued to decline; the annual percentages of increase in the national product of the various countries of the Community were lower than those for 1961, and much lower than those during the accelerated expansion of 1959/60.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions