1945
CEPAL Review No. 1, First Half of 1976
  • E-ISSN: 16840348

Abstract

After describing the economic recession which came to a head in 1975 and examining some overall indicators, this article analyses the most important underlying causes of the recession. Two interrelated causes are particularly worthy of note: firstly, the deterioration of the economic situation of the centres, and secondly, the sharper contradiction between the growing demand for imports required by the prevail ing type of growth and the capacity to produce the foreign exchange necessary to pay for them and to cope with an increasing volume of financial services.

Related Subject(s): Economic and Social Development

You do not have access to article level metrics. Please click here to request access

http://instance.metastore.ingenta.com/content/journals/16840348/1976/1/2
Loading
This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error
aHR0cHM6Ly93d3cudW4taWxpYnJhcnkub3JnLw==