Main trends
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1994-1995 , pp 13-21
- Publication Date: December 1995
- DOI: https://doi.org/10.18356/7d1f2ad0-en
- Language: English
During most of 1994, there were further signs of consolidation of a more dynamic economic picture in Latin America and the Caribbean, with faster growth and a substantial reduction in the rate of inflation. With the explosion of the foreign exchange crisis on 20 December in Mexico -where pressure had gradually been building since the early months of the year due to a combination of serious political factors and the accentuation of imbalances already manifest in previous years- the region once again braced for turbulence, and fears were rife that the crisis would spread throughout the region in a repeat of the 1982 crisis.
© United Nations
ISBN (PDF):
9789210583008
Book DOI:
https://doi.org/10.18356/78f1d816-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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