Honduras: Selected Issues

November 20, 1998

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Honduras: Selected Issues, (USA: International Monetary Fund, 1998) accessed November 24, 2024

Summary

This Selected Issues paper analyzes growth performance and constraints for Honduras’ economy. The findings indicate that Honduras’ low growth rates in real per capita GDP reflect the influence of a combination of factors. Policy- and efficiency-related variables, exogenous shocks, and political uncertainty seem to have had less of a negative influence on growth in Honduras than they have had on the comparator groups. Instead, low growth appears to be closely related to the low productivity of labor and capital, and the poor composition of investment and inadequate physical infrastructure.

Subject: Exchange rates, Expenditure, Foreign exchange, Gross fixed investment, Monetary policy, Pension spending, Reserve requirements, Revenue administration, Tariffs, Taxes

Keywords: Auction rate, Authority, CBH certificate, Central America, Central bank, CR, Exchange rate, Exchange rate float, Exchange rates, Growth performance, Honduras, Interest rate development, ISCR, Pension regime, Pension spending, Rate, Reserve requirements, Tariffs

Publication Details

Pages:

101
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/122
Stock No:

1HNDEA0011998
ISBN:

9781451817041
ISSN:

1934-7685

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