Nicaragua: Selected Issues and Statistical Appendix

December 13, 2002

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Nicaragua: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2002) accessed November 23, 2024

Summary

This Selected Issues paper and Statistical Appendix examines factors that have determined long-term growth in Nicaragua. Stylized facts suggest that government policies have had a decisive influence on growth. In particular, productivity and capital accumulation suffered during periods of excessive deficit spending and inadequate enforcement of private property rights. A sectoral analysis of growth reveals that liberalization and deregulation in the 1990s led to deep structural changes in the economy. The paper also describes the main characteristics of Nicaragua’s tax system, identifying key weaknesses and their economic costs.

Subject: Domestic debt, External debt, Production, Public debt, Taxes, Total factor productivity, Value-added tax

Keywords: Buy-back operation, CR, Debt, Domestic debt, GDP, Government policy, Is total factor productivity, ISCR, Nicaragua, Terms of trade, Total factor productivity, Value-added tax, VAT, VAT base, Zero-rated VAT product

Publication Details

Pages:

102
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/269
Stock No:

1NICEA0022002
ISBN:

9781451829181
ISSN:

1934-7685

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