Central America's Macroeconomic Environment and the Role of the Investment Climate under Free Trade

David Gould and Josef Loening

MPRA Paper from University Library of Munich, Germany

Abstract: Central America's economic performance in recent years has benefited from improved macroeconomic management, a favorable external environment, as well as rising investor confidence since the region has pursued greater access to global markets, particularly with the signing of DR-CAFTA in 2004. Nonetheless, while important reforms have been made, at the sectoral level, much remains to be done. The context of a less favorable global environment underlines the need to improve competiveness and enhance productivity. An improved investment climate would contribute to both and help to unleash the full potential of DR-CAFTA.

Keywords: Macroeconomic performance; investment climate; Guatemala; El Salvador; Nicaragua; Hounduras; Costa Rica; Panama (search for similar items in EconPapers)
JEL-codes: E66 F16 O54 R58 (search for similar items in EconPapers)
Date: 2008-09-15
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Citations: View citations in EconPapers (1)

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