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dc.titleRunning Out of Tailwinds: Opportunities to Foster Inclusive Growth in Central America and the Dominican Republic
dc.contributor.authorLópez, Arnoldo
dc.contributor.authorPrat, Jordi
dc.contributor.authorSolera, Marco
dc.contributor.authorLoo-Kung, Rudy
dc.contributor.authorLinares, Jennifer
dc.contributor.authorLagarda, Guillermo
dc.contributor.authorMaldonado, Leonardo
dc.contributor.authorManzano, Osmel
dc.contributor.editorPrat, Jordi
dc.contributor.editorSolera, Marco
dc.contributor.orgunitCountry Department Central America, Mexico, Panama and the Dominican Republic
dc.coverageDominican Republic
dc.coverageGuatemala
dc.coverageHonduras
dc.coverageEl Salvador
dc.coverageNicaragua
dc.coveragePanama
dc.coverageCosta Rica
dc.coverageBelize
dc.coverageCentral America
dc.date.available2017-02-03T00:00:00
dc.date.issue2017-02-02T00:00:00
dc.description.abstractThe macroeconomic context of Central America and the Dominican Republic has been characterized by positive perspectives. The economic recovery of United States, lower commodity prices, and the low and stable international interest rates were the main determinants of this behavior. However, even though the recent economic forecast for United States has been positive, the last three years updates have suffered downward adjustments. The economic integration with the rest of the world, can exposure the region to international context changes. It is worth to mention that the world economic perspectives, the increasing in trade aversion, changes in commodity prices, as well as Federal Reserve decisions regarding interest rates, are some of the variables that would impact the region economic perspectives. Thus, taking advantage of lower energy prices could benefit the households¿ disposable income and firms costs, and these in turn, economic growth. On the other hand, the region could take advantage of its relative young population, the population shift could by itself, increase the economic dynamic, but it can also be maximized through transversal policies, in which future workers are trained with the necessary tools to enhance their productivity, with the idea to insert them in high added value employment.
dc.format.extent102
dc.identifier.doihttp://dx.doi.org/10.18235/0012822
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Running-Out-of-Tailwinds-Opportunities-to-Foster-Inclusive-Growth-in-Central-America-and-the-Dominican-Republic.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Cuando-los-vientos-a-favor-se-agotan-Oportunidades-para-fomentar-el-crecimiento-inclusivo-en-Centroamérica-y-República-Dominicana.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectEconomic Development
dc.subjectProductivity Growth
dc.subjectElectricity Market
dc.subjectLiquefied Petroleum Gas
dc.subjectTrade Policy
dc.subjectMacroeconomy
dc.subjectEducation
dc.subjectDemographic Transition
dc.subjectGasoline
dc.subjectEnergy Matrix
dc.subjectInclusive Growth
dc.subject.jelcodeO43 - Institutions and Growth
dc.subject.jelcodeO41 - One, Two, and Multisector Growth Models
dc.subject.jelcodeL95 - Gas Utilities • Pipelines • Water Utilities
dc.subject.jelcodeL94 - Electric Utilities
dc.subject.jelcodeJ24 - Human Capital • Skills • Occupational Choice • Labor Productivity
dc.subject.jelcodeJ11 - Demographic Trends, Macroeconomic Effects, and Forecasts
dc.subject.jelcodeJ10 - Demographic Economics: General
dc.subject.jelcodeF15 - Economic Integration
dc.subject.jelcodeF13 - Trade Policy • International Trade Organizations
dc.subject.jelcodeE27 - Forecasting and Simulation: Models and Applications
dc.subject.keywordsAyatima Hernández-Rojas x.1151;transición demográfica;sector educativo;productividad
dc.typeMonographs
idb.identifier.pubnumberMonographs
idb.operationRG-P1647
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