Belize’s Northern Region; Its Economic Performance in the post-independence period

Crucita Ken

MPRA Paper from University Library of Munich, Germany

Abstract: Belize got its Independence when the region was going through an economic crisis with debt burden and traditional export prices reduction. The northern region, once the most important economically, faced major challenges which prompted the introduction of fiscal incentive programs to alleviate the growing unemployment and decreasing economic activity. As an international border, it also faced, during the eighties and nineties, the effects of the Mexican peso devaluation. However, Mexico also constituted its mayor market for the establishment of the Commercial Free Zone. The northern region economy has only partially recovered from the major structural changes that Belize has gone through in its post independence period.

Keywords: Regional development; Belize (search for similar items in EconPapers)
JEL-codes: O5 R1 (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-geo and nep-tur
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/7118/1/MPRA_paper_7118.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:7118

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().