Nicaragua: Selected Issues

International Monetary Fund

No 2006/173, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper for Nicaragua reports that the Central America–Dominican Republic-United States Free Trade Agreement (CAFTA-DR) provides a general framework for country-specific bilateral agreements. In addition to the phased liberalization of trade in goods, CAFTA-DR provides broad market access for services and includes provisions in areas such as intellectual property rights, investment, government procurement, and competition policies. Labor provisions are slightly tighter than under other similar agreements by offering a platform to examine the quality of existing legislation, rather than only ensuring its implementation.

Keywords: ISCR; CR; wage; Nicaragua; central bank; CAFTA; exchange rate; reference table; reference salary table; wage bill; trade openness; CAFTA-DR member; Employment; Public employment; Public sector; Civil service; Wages; Central America; Caribbean (search for similar items in EconPapers)
Pages: 36
Date: 2006-05-16
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