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dc.titleInclusive Growth: Challenges and Opportunities for Central America and the Dominican Republic
dc.contributor.authorPrat, Jordi
dc.contributor.authorLópez, Arnoldo
dc.contributor.authorManzano, Osmel
dc.contributor.authorSolera, Marco
dc.contributor.authorOchoa, Elizabeth
dc.contributor.editorPrat, Jordi
dc.contributor.editorLópez, Arnoldo
dc.contributor.orgunitCountry Department Central America, Mexico, Panama and the Dominican Republic
dc.coverageBelize
dc.coverageEl Salvador
dc.coverageNicaragua
dc.coveragePanama
dc.coverageDominican Republic
dc.coverageCosta Rica
dc.coverageGuatemala
dc.coverageHonduras
dc.coverageCentral America
dc.date.available2018-02-22T00:00:00
dc.date.issue2018-02-16T00:00:00
dc.description.abstractCentral America and the Dominican Republic had stable economic growth in 2017. The performance of the United States economy and low commodity prices, mainly oil, meant that the key indicators for the region did not change abruptly. It is worth noting that safeguarding the stability of public finances remains the main challenge for the region. In the short run, we expect the fiscal deficit and public debt to maintain their upward trend, thus putting pressure on interest rates, which would have a negative impact on economic growth. This trend has implied in downward revisions to the region’s economic outlook. Growth in the region has been higher than the rest of Latin America, but its impact on reducing poverty and improve income distribution, has been limited. The report explores options to make growth more inclusive in Central America and the Dominican Republic. It highlights the need to bolster human capital accumulation, take advantage of integration with other trade partners, and generate buffers for political decision-making in a highly uncertain environment, in order ensure that growth can benefit the highest number of people in the region.
dc.format.extent86
dc.identifier.doihttp://dx.doi.org/10.18235/0001004
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Inclusive-Growth-Challenges-and-Opportunities-for-Central-America-and-the-Dominican-Republic.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Crecimiento-inclusivo-Retos-y-oportunidades-para-Centroamérica-y-República-Dominicana.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectHuman Capital
dc.subjectEconomic Policy
dc.subjectHealth Services
dc.subjectSocial Inclusion
dc.subjectInclusive Growth
dc.subject.jelcodeI25 - Education and Economic Development
dc.subject.jelcodeG21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages
dc.subject.jelcodeG18 - Government Policy and Regulation
dc.subject.jelcodeI10 - Health: General
dc.subject.jelcodeH52 - Government Expenditures and Education
dc.subject.jelcodeI18 - Government Policy • Regulation • Public Health
dc.subject.jelcodeI15 - Health and Economic Development
dc.subject.jelcodeH51 - Government Expenditures and Health
dc.subject.jelcodeE20 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General
dc.subject.jelcodeE22 - Investment • Capital • Intangible Capital • Capacity
dc.subject.jelcodeG10 - General Financial Markets: General
dc.subject.jelcodeI20 - Education and Research Institutions: General
dc.subject.keywordsCentroamérica, República Dominicana, crecimiento económico, crecimiento inclusivo, pobreza, capital humano, convergencia, ciclo, educación, salud, sistema financiero, bancos, choque externo, integración banca, banca regional
dc.typeMonographs
idb.identifier.pubnumberMonographs
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