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

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  • ECLAC

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Abstract

This document contains an analysis of and statistics on the economic performance of the region as a whole and of individual Latin American and Caribbean countries in 2001. Regional output grew at a very slow pace (0.5%) in 2001 and growth prospects for 2002 are not promising. This situation is directly linked to the global economic crisis, which is affecting the region primarily through trade channels in the midst of unstable world financial markets. Given the scope of these adverse external factors, however, the region's economies succeeded in averting serious domestic or external disequilibria. The one exception was Argentina, which has been in the throes of a crisis for the last three years. Inflation has continued to abate, and the increase in the external deficit was very small. The Preliminary Overview is prepared every year by ECLAC's Economic Development Division in collaboration with the Statistics and Economic Projections Division, the ECLAC sub-regional offices in Mexico City and Port-of-Spain, and the ECLAC national offices in Bogota, Brasilia and Buenos Aires. It draws on statistical material provided by central banks and statistical offices of the countries in the region.

Suggested Citation

  • -, 2001. "Preliminary Overview of the Economies of Latin America and the Caribbean 2001," Balance Preliminar de las Economías de América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 956 edited by Eclac.
  • Handle: RePEc:ecr:col004:956
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/956
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    Cited by:

    1. Titelman Kardonsky, Daniel, 2002. "Multilateral banking and development financing in a context of financial volatility," Financiamiento para el Desarrollo 5100, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. -, 2002. "CEPAL Review no.76," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. -, 2003. "Foreign Investment in Latin America and the Caribbean 2002," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1125 edited by Eclac, September.

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