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Some Thoughts on Poverty and Recession in Latin America

Published online by Cambridge University Press:  02 January 2018

Extract

By now, it has become a platitude to proclaim that, over the past decade, Latin America has experienced its deepest, most prolonged economic recession in modern history. Nevertheless, this has indeed been the case. The magnitude and effects of the crisis have, of course, varied from country to country, and so have the policy responses. What is undeniable is that not one single country has escaped the recessionary impact of a complex combination of circumstances which appeared on the horizon in the early 1980s, and in which an adverse international economic environment played a prominent role.

Type
Research Article
Copyright
Copyright © University of Miami 1989

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