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Preliminary Overview of the Economies of Latin America and the Caribbean 2001

The severe slowdown in the world economy in 2001 cut short the recovery that had begun in 2000 and dashed hopes that Latin America and the Caribbean were about to embark upon a new growth cycle. Unlike the crises of the 1990s, which were confined to a limited group of countries, the slowdown of 2001 engulfed the region as a whole. The impact of the adverse international environment impinged upon all areas of activity; in fact, the consequences of this situation were felt more keenly by the domestic economy than by export activities. Nevertheless, the region's economies did quite well in withstanding a large part of these destabilizing shocks and, with the exception of Argentina, in averting domestic or external crises.

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Series Title
-
Call Number
650
Publisher
: .,
Collation
-
Language
English
ISBN/ISSN
-
Classification
650
Content Type
-
Media Type
computer
Carrier Type
online resource
Edition
-
Subject(s)
Business & Economics
Specific Detail Info
-
Statement of Responsibility
Other Information
Cataloger
ratna
Source
https://openresearchlibrary.org/content/3834be63-63e8-4750-8fb2-cc9212acbb93
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  • Preliminary Overview of the Economies of Latin America and the Caribbean 2001
    The severe slowdown in the world economy in 2001 cut short the recovery that had begun in 2000 and dashed hopes that Latin America and the Caribbean were about to embark upon a new growth cycle. Unlike the crises of the 1990s, which were confined to a limited group of countries, the slowdown of 2001 engulfed the region as a whole. The impact of the adverse international environment impinged upon all areas of activity; in fact, the consequences of this situation were felt more keenly by the domestic economy than by export activities. Nevertheless, the region's economies did quite well in withstanding a large part of these destabilizing shocks and, with the exception of Argentina, in averting domestic or external crises
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