Cover The Macroeconomy of Central America
The Macroeconomy of Central America

Abstract

Opportunities for growth and investment in Central America could well improve in the coming years, as the region’s ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the poor. This book stresses the importance of keeping fiscal policy on a sustainable path; strengthening public investment in basic infrastructure, primary health care, and primary and secondary education; and managing the risks associated with partial dollarization.

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Author:
Mr. Erik Offerdal
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Mr. Robert Rennhack
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Series:
Books
Publisher:
Palgrave Macmillan-Economics
Language:
English
Publication Date:
30 Aug 2004
DOI:
https://doi.org/10.5089/9781403936523.071
ISBN:
9781403936523
Pages:
239
Keywords:
BOOK; gross domestic product; interest rate; debt ratio; GDP deflator; cent of GDP; terms of trade; GDP datum; debt rule; GDP ratio; market price; GDP constant; stock operation; Fiscal stance; Central America; Debt service; South America
Legal-disclaimer:
The views expressed in this book are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management. The boundaries, colors, denominations, and any other information shown on the maps do not imply, on the part of the IMF, any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.
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