External events, domestic policies and structural adjustment / Carlos Massad.

Format:

Book

Government document

Author/Creator:

Massad, Carlos, author.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (12 pages)

Contained In:

CEPAL Review Vol. 1991, no. 43, p. 11-22 1991:43<11 16840348

Place of Publication:

New York : United Nations, 1991.

System Details:

text file

Summary:

This article examines the drop in the per capita product of the region from 1981 onwards due hotli to the stagnation of per capita production capacity and the fact that the effective product was less than the potential product. Production capacity stagnated because investment fell to levels which were not high enough to ensure growth in the potential per capita product. This decline in investment, in turn, was due basically to the net transfers of resources abroad caused by the debt crisis and the severe deterioration in the terms of trade as from 1982.

Notes:

Title from title screen (viewed May 1, 2017).

Access Restriction:

Restricted for use by site license.