Honduras: Selected Issues and Analytical Notes

November 22, 2016

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Honduras: Selected Issues and Analytical Notes, (USA: International Monetary Fund, 2016) accessed November 22, 2024

Summary

This Selected Issues paper uses efficiency frontiers for benchmarking of social spending in Honduras. The results reveal significant room to improve public health and education spending efficiency with potentially large fiscal savings. From an input-oriented point of view, Honduras performs poorly in education and health spending efficiency. From an output-oriented point of view, health spending efficiency appears to be in line with regional comparators, while there is room to improve efficiency in secondary education. In health and education spending, the priority is to tackle the disconnection between compensation benefits and labor productivity.

Subject: Banking, Commercial banks, Currencies, Exchange rate risk, External debt, Financial institutions, Financial regulation and supervision, Money, Oil prices, Prices

Keywords: Banking sector, Banking system, Capital structure, Central America, Central bank, Commercial banks, CR, Currencies, Deficit position, Exchange rate risk, Global, Hard currency, Interest rate, ISCR, Oil prices, Technical efficiency

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2016/363
Stock No:

1HNDEA2016003
ISBN:

9781475556551
ISSN:

1934-7685

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