Short-term economic fluctuations in the period 1948-59
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America 1960 , pp 20-63
- Publication Date: December 1960
- DOI: https://doi.org/10.18356/a70b9878-en
- Language: English
Since the end of the Second World War, output in the Latin American region as a whole has grown at an average, rate of almost 4.5 per cent per annum. ranging among the individual countries from less than 1 per cent in Bolivia to about 10 per cent in Venezuela. In none of these countries, however, has the rate of growth been smooth and continuous. Furthermore, since 1948 the Latin American economics have been periodically confronted by one or more forms of economic disequilibrium, such as balance—of—payment crises, severe inflationary pressures, excessive productive capacity and unemployment.
© United Nations
ISBN (PDF):
9789210583459
Book DOI:
https://doi.org/10.18356/093e39de-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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