Economic Growth and Integration in Central America
( Occasional Papers )
Publication series ： Occasional Papers
Author： Mr. Alfred Schipke Mr. Dominique Desruelle
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2007
E-ISBN: 9781451920604
P-ISBN(Paperback): 9781589066168
Subject： F0 Economics;F8 Finances
Keyword： Economic growth,Public debt,Economic conditions
Language： ENG
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Description
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.