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Chapter 7 Benchmarking Social Spending in Central America

Chapter 7 Benchmarking Social Spending in Central America »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction The legacy of the global financial crisis includes many important lessons for developing and low-income countries. The large fiscal buffers accumulated before the crisis...

Chapter 1 Building a Foundation for Sustained Growth

Chapter 1 Building a Foundation for Sustained Growth »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Over the past three decades, the countries of Central America along with Panama and the Dominican Republic—collectively referred to as CAPDR—have undergone a sustained economic tran...

Chapter 6 Crime and Punishment in Central America

Chapter 6 Crime and Punishment in Central America »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Persistent crime in Central America, including the Dominican Republic (CAPDR), presents one of the biggest challenges to economic development and surpasses unemployment...

Chapter 3 Female Labor Force Participation

Chapter 3 Female Labor Force Participation »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Central America has one of the world’s largest gender gaps in labor force participation, which highlights the importance of this untapped resource to boost economic grow...

Chapter 12: Financial Development and Inclusion

Chapter 12: Financial Development and Inclusion »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Financial development can unleash new growth sources by helping countries reap the benefits of globalization and make the transition to higher incomes. A recent focus ha...

Chapter 9 Fiscal Policy Reforms and Inequality: The Cases Of Honduras, Guatemala, and the Dominican Republic

Chapter 9 Fiscal Policy Reforms and Inequality: The Cases Of Honduras, Guatemala, and the Dominican Republic »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction The experience of some Central American countries shows that persistent income inequality can provoke social unrest, political instability, and macroeconomic imbalances....

Chapter 4 Migration and Remittances

Chapter 4 Migration and Remittances »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Outward migration has been an important phenomenon for Central American economies. Emigrants account for almost 10 percent of the population for the seven nations in the...

Chapter 11: Monetary Transmission: Effectiveness and Policy Implications

Chapter 11: Monetary Transmission: Effectiveness and Policy Implications »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Economists have devoted a lot of attention to monetary transmission in economies with sophisticated and well-functioning financial markets. Much less is known about monetary transmi...

Chapter 2 Policy Imperatives for Raising Potential Output Growth

Chapter 2 Policy Imperatives for Raising Potential Output Growth »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction The global financial crisis (GFC) of 2008 shocked most countries in Central America, Panama, and the Dominican Republic (CAPDR)—much as it did emerging markets and advan...

Chapter 10 Recent Experiences with Fiscal Responsibility Frameworks

Chapter 10 Recent Experiences with Fiscal Responsibility Frameworks »

Source: Paving the Way to Sustained Growth and Prosperity in Central America, Panama, and the Dominican Republic

Series: Books

Author(s): Kimberly Beaton , Roberto Garcia-Saltos , and Lorenzo Figliuoli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 September 2019

ISBN: 9781484353844

Keywords: Financial crises, Economic growth, Development, Economic indicators, Macroprudential policies and financial stability, Fiscal Policy, Macroeconomics, Monetary Policy, International Migration, International Trade

Introduction Policy efforts to strengthen fiscal prudence, gain credibility, and ensure fiscal sustainability have long been priorities for policymakers in CAPDR countries. Some coun...