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Topic: Economy of El Salvador


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In the News (Wed 30 Dec 09)

  
  ipedia.com: Economy of El Salvador Article   (Site not responding. Last check: 2007-10-08)
The impact of the civil war on El Salvador's economy was devastating; from 1979-1990, losses from damage to infrastructure and means of production due to guerrilla sabotage as well as from reduced export earnings totaled about USD $2.2 billion.
The post-war boom in the Salvadoran economy began to fade in July 1995 after an abrupt shift in monetary policy was followed by a June increase in the value added tax (VAT) and price hikes in basic public services.
El Salvador's external debt decreased sharply in 1993, chiefly as a result of an agreement under which the United States forgave about $461 million of official debt.
www.ipedia.com /economy_of_el_salvador.html   (2128 words)

  
 El Salvador: Economy
El Salvador's economy is primarily agricultural, with farming employing about 40% of the workforce and accounting for a quarter of the gross national product.
El Salvador's economy was adversely affected by its 12-year civil war.
El Salvador's Economy to Grow 3.5-4.0 Percent in 1999.
www.infoplease.com /ce6/world/A0857958.html   (271 words)

  
 El Salvador
El Salvador - Republic of El Salvador National name: República de El Salvador President: Antonio Saca...
El Salvador - Salvador, El: see El Salvador.
El Salvador: Bibliography - Bibliography See T. Anderson, Matanza: El Salvador's Communist Revolt of 1932 (1971); D. El Salvador: Economy - Economy El Salvador's economy is primarily agricultural, with farming employing about 40% of the...
www.factmonster.com /id/A0817198   (136 words)

  
 The World Factbook 2004 -- El Salvador
El Salvador achieved independence from Spain in 1821 and from the Central American Federation in 1839.
A 12-year civil war, which cost about 75,000 lives, was brought to a close in 1992 when the government and leftist rebels signed a treaty that provided for military and political reforms.
With the adoption of the US dollar as its currency, El Salvador has lost control over monetary policy and must concentrate on maintaining a disciplined fiscal policy.
www.brainyatlas.com /geos/es.html   (841 words)

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