1945

In 1988 the sluggishness of the Latin American and Caribbean economy that had begun to be evident in 1987 worsened. After growing by 3.7% in 1986 and by nearly 3% in 1987, the gross domestic product barely rose by 0.5% in 1988. The per capita product thus fell by 1.7%; it was 7.5% lower than in 1980, when it had attained a record high, and was the same as the 1978 figure.

Related Subject(s): Economic and Social Development
/content/books/9789210583022s001-c004
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