Economic aspects: real production

Abstract

The investment of those first five years was replenished in view of the infrastructure damaged or destroyed by the war, with little or no immediate impact on the installed production capacity of the country, but it did amplify the demand directly and indirectly. thanks to the generation of employment.
The multiplier effect of income and a kind of liberation from repressed consumption generated a post-war boom of short duration during the first five-year period of the nineties; this aggregate demand, both in terms of consumption and gross capital formation, was losing momentum and, as a consequence, the counterpart of the GDP growth was exports.
Still preliminary figures indicate that GDP growth at constant 1990 prices, for the year 2000, was 2.5 percent, so the per capita product did not experience significant growth that favored the living conditions of the population.