Economic growth and integration in Central America /
edited by Dominique Desruelle and Alfred Schipke.
- Washington, DC : International Monetary Fund, 2007.
- viii, 102 p. : ill.
- Occasional paper / International Monetary Fund ; 257 .
Includes bibliographical references.
Overview / Growth performance / Pension reform / Assessing sovereign debt structures / Financial sector development : public debt markets / Characterizing monetary policy / Dominique Desruelle and Alfred Schipke -- José Brambila Macías, Guy Meredith, and Ivanna Vladkova Hollar -- Kevin Fletcher and Alfred Schipke -- André Faria and Guillermo Tolosa -- Hemant Shah -- Luis I. Jácome H. and Eric Parrado.
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.--Publisher's description.
Central America--Economic conditions. Central America--Economic policy. Central America--Economic integration. Amérique centrale--Conditions économiques. Amérique centrale--Politique économique.