The monetary situation
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America 1953 , pp 69-129
- Publication Date: December 1953
- DOI: https://doi.org/10.18356/cf2ca227-en
- Language: English
The contrast between the monetary situation of the various Latin-American countries during 1953 — particularly with regard to the course and development of inflation — was heightened by prevailing world conditions which, although preserving the same general tendencies, differed somewhat from those of 1952. In some instances the inflationary process reached an acute stage, causing the authorities to adopt plans to contain it and to solve difficulties arising in the balance of payments through the increase in imports and the falling-qff, or stagnation, of exports. However, those countries which have not experienced sharp monetary inflation in recent years have, in general, succeeded in maintaining their position.
© United Nations
ISBN (PDF):
9789210583565
Book DOI:
https://doi.org/10.18356/e566fd30-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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