Real Product and Price Comparisons in Central American Countries: 1987

When Did Latin America Fall Behind?

“…Prices were collected in 1960-62. Quantity expenditure weights for a Latin American average and the United States in 1960 were used (ECLA 1968;Stanley Braithwaite 1968 1970and 1975(Salazar-Carrillo 1983Salazar-Carrillo and Tirado de Alonso 1988;Salazar-Carrillo and Prasada Rao 1988).…”