Honduras: Selected Issues

International Monetary Fund

No 1998/122, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes growth performance and constraints for Honduras’ economy. The findings indicate that Honduras’ low growth rates in real per capita GDP reflect the influence of a combination of factors. Policy- and efficiency-related variables, exogenous shocks, and political uncertainty seem to have had less of a negative influence on growth in Honduras than they have had on the comparator groups. Instead, low growth appears to be closely related to the low productivity of labor and capital, and the poor composition of investment and inadequate physical infrastructure.

Keywords: ISCR; CR; exchange rate; authority; central bank; rate; Honduras; pension regime; auction rate; growth performance; interest rate development; CBH certificate; exchange rate float; Pension spending; Tariffs; Exchange rates; Reserve requirements; Central America (search for similar items in EconPapers)
Pages: 101
Date: 1998-11-20
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1998/122

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