South America, Central America and the Caribbean
The Economic Survey of Latin America, 1962, produced by the United Nations Economic Commission for Latin America, was devoted entirely to a study of the economic development of the region in the post-war period. For the study, 154 tables, containing a wide variety of relevant economic and social data, were prepared. Not a single wage series was included in this plethora of statistics. This can be ascribed either to the fact that statistical series of wages are not available (or are of too poor a quality to be used) or to the consideration that wage changes are not regarded by observers of the Latin American scene as, in any sense, a ‘prime mover’ in the region’s development.
KeywordsReal Wage Latin American Country Real Income Wage Increase Supply Curve
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