Occasional Papers

Economic Growth and Integration in Central America

By Alfred Schipke, Dominique Desruelle

June 13, 2007

Preview Citation

Format: Chicago

Alfred Schipke, and Dominique Desruelle. Economic Growth and Integration in Central America, (USA: International Monetary Fund, 2007) accessed November 22, 2024

Also available in: español

Summary

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.

Subject: Aging, Banking, Expenditure, Inflation, Labor, Pension spending, Pensions, Population and demographics, Prices, Public debt

Keywords: Aging, Central America, Central America-Chile, Central America-Dominican Republic, Central America-Panama, Country, Debt, Debt structure, Foreign currency debt, Global, Government, Inflation, OP, Pension spending, Pensions, Productivity performance, Productivity-enhancing reform, Retirement age, South America, Western Hemisphere

Publication Details

  • Pages:

    110

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 2007/006

  • Stock No:

    S257EA

  • ISBN:

    9781589066168

  • ISSN:

    0251-6365

Supplemental Resources

Notes

Also available in Spanish