ECONOMIES
From Times Staff and Wire Reports
Economic Gains in Latin America: Latin America made impressive economic gains last year after the “lost decade” of the 1980s, the Inter-American Development Bank reported. Total income rose 2.7% in 1990, compared to a decline of 0.8% in 1989, it said. “Argentina, Chile, Mexico, Panama and Venezuela . . . were especially successful in establishing growth,” the report said. Venezuela showed the best growth, with the average income in 1990 being $3,038. In the United States, the figure was about $22,000.
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