1887

Economic Survey of Latin America and the Caribbean 1989

image of Economic Survey of Latin America and the Caribbean 1989

The Economic Survey of Latin America and the Caribbean is issued annually by the Economic Development Division of the Economic Commission for Latin America and the Caribbean (ECLAC). It covers the economic situation in Latin America and provides a concurrent economic overview of the region.

English

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The international context

The dramatic political upheavals that occurred in 1989 marked the end of a long period of intense international dispute over the appropriate organization of modern industrial societies. The relaxation of tensions between the super-Powers seemed to reduce the risk of nuclear annihilation. In the longer term, it should open up new opportunities for peaceful co-operation throughout the world. However, the transition that has been set in motion has so far generated much political turmoil and economic crisis, and there is inevitably great uncertainty and apprehension about the way it will unfold.

English

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