World food production reached a record high in 1986, exceeding 1985's record by about 1 percent, despite declining food output in Latin America, the United States, Western Europe, and Oceania. World food production generally increased faster than population from 1977 to 1986. Production of agricultural commodities increased at an annual compound…

In this paper we argue that the primary force behind the large drop in real exchange rates that occurs after large devaluations is the slow adjustment in the prices of nontradable goods and services. Our empirical analysis uses data from five large devaluation episodes: Argentina (2002), Brazil (1999), Korea (1997), Mexico (1994), and Thailand…

Designed to serve as the basis for systematic collection of statistical information for government and the private sector, this bulletin presents a wide variety of economic indicators in tabular form. The data, selected to facilitate government and private planning efforts, are displayed in 25 tables and 27 graphs. Information is organized under…