Recovery and uncertainty in Latin America
- Author: United Nations Conference on Trade and Development
- Main Title: Trade and Development Report 1993 , pp 113-126
- Publication Date: December 1993
- DOI: https://doi.org/10.18356/ecc5645a-en
- Language: English
Only five years ago the economies of Latin America were still in serious crisis, with widespread macroeconomic imbalances involving large budget deficits and very high inflation and even, in a number of countries, hyperinflation. Imports were tightly compressed in order for the economies to generate the massive trade surpluses needed to service debt, and there was very little by way of external lending or inflows of private capital. Growth was almost zero and net investment barely positive.
© United Nations
ISBN (PDF):
9789210602969
Book DOI:
https://doi.org/10.18356/1977b028-en
Related Subject(s):
International Trade and Finance
Sustainable Development Goals:
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