About the product
In 1999, Latin America was once again influenced by the adverse international economic environment, which had a decisive impact on the countries' economic policies and performance. As a consequence of the continuing decline in the prices of non-fuel commodities together with unstable and deteriorating terms and conditions for external financing, the net transfer of resources for the region as a whole was negative for the first time since 1990. Along with a regional panorama, the publication presents an overview of the economies, on a country-by-country basis of the Latin America and the Caribbean region.