Investment and saving
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1999-2000 , pp 77-82
- Publication Date: December 2000
- DOI: https://doi.org/10.18356/85f2eae6-en
- Language: English
The persistence of an adverse international environment, with deteriorating external financing conditions and lower prices for the region’s non-fuel commodity exports, was one of the factors that helped explain why economic growth in Latin America and the Caribbean slowed further in 1999 and why investment levels were sharply lower. The negative impact of these circumstances was stronger than it had been in 1998, as total gross investment retreated by a full 9.5%, with a 5.7% drop in fixed investment and a much steeper downturn in inventory building. Total investment shrank in all the South American countries, whereas Mexico, the Caribbean and the Central American countries were less affected and posted a small increase.
© United Nations
ISBN (PDF):
9789210582957
Book DOI:
https://doi.org/10.18356/afad20d5-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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