Since the early 1950's the economies of the five Central American countries have grown at a rapid rate. Despite a recession due to export difficulties in 1958-1961, overall the gross domestic product (GDP) growth rate in the last decade has averaged 5-6 percent per annum, well above the 3.3 percent annual increase in population. The major impulse to growth was in exports of traditional commodities - first bananas and coffee, and beginning in the latter...
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DETAILS
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1967/06/05
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Pre-2003 Economic or Sector Report
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WH170
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1
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2010/06/12
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Disclosed
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Main report
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agricultural economist
Citation
Central America - Economic development and prospects (Vol. 1 of 8) : Main report (English). Western hemisphere (South America) series ; no. WH 170 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/982431468277785657