Economic Growth and Integration in Central America

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Economic Growth and Integration in Central America by Alfred Mr. Schipke, Dominique Mr. Desruelle, INTERNATIONAL MONETARY FUND
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Author: Alfred Mr. Schipke, Dominique Mr. Desruelle ISBN: 9781452709970
Publisher: INTERNATIONAL MONETARY FUND Publication: June 13, 2007
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: Alfred Mr. Schipke, Dominique Mr. Desruelle
ISBN: 9781452709970
Publisher: INTERNATIONAL MONETARY FUND
Publication: June 13, 2007
Imprint: INTERNATIONAL MONETARY FUND
Language: English

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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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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