1945

For the most part, Latin America and the Caribbean witnessed a continuation of the preceding year's main economic trends: an increase in the level of activity that outpaced population growth, and declining inflation. Greater differences than before were to be seen, however, among the results achieved by the various economies; a particularly important factor in this regard was that the performance of Brazil's economy -which exerts a decisive influence over regional aggregates- differed from that of most of the other countries.

Related Subject(s): Economic and Social Development
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