Cover Economic Growth and Integration in Central America
Economic Growth and Integration in Central America
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Abstract

How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges. This study analyzes Central America’s real, fiscal, monetary, and financial sector policies at the regional level, starting with a review of growth performance and the macroeconomic implications of remittances. It then looks at the sustainability of pension systems, financial system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the credibility of central banks.

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Author:
Mr. Alfred Schipke
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and
Mr. Dominique Desruelle
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Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
13 Jun 2007
DOI:
https://doi.org/10.5089/9781589066168.084
ISBN:
9781589066168
ISSN:
0251-6365
Pages:
110
Keywords:
OP; country; debt; government; Central America-Panama; debt structure; Central America-Chile; Central America-Dominican Republic; retirement age; productivity-enhancing reform; foreign currency debt; productivity performance; Pension spending; Pensions; Aging; Inflation; Central America; South America; Western Hemisphere; Global
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.
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