This book examines the significant impact of United States economic policies on Latin American and Caribbean nations during the critical period of 1982-1983. Prepared by the Permanent Secretariat of the Latin American Economic System (SELA), the analysis focuses on how U.S. monetary policy, in particular, influenced the region's economies, trade dynamics, and overall development. It seeks to provide a comprehensive overview of these external economic pressures and their consequences for Latin America and the Caribbean.

This work is a specialized economic analysis, likely dense and data-driven, focusing on a specific historical period of international economic relations. Its origin with the Permanent Secretariat of the Latin American Economic System suggests an authoritative, policy-oriented perspective. The book is intended for academics, policymakers, and economists interested in the intricate financial and trade links between the United States and Latin America during the early 1980s.