Honduras - Development Policy Review : Accelerating Broad-based Growth

This Development Policy Review (DPR) discusses Honduras's development agenda with a special focus on accelerating economic growth. This focus emerges from the Honduras Poverty Reduction Strategy Paper (PRSP), which identified growth as the mai...

Full description

Bibliographic Details
Main Author: World Bank
Format: Country Economic Memorandum
Language:English
en_US
Published: Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2004/11/5505005/honduras-development-policy-review-accelerating-broad-based-growth
http://hdl.handle.net/10986/14368
id okr-10986-14368
recordtype oai_dc
spelling okr-10986-143682021-04-23T14:03:18Z Honduras - Development Policy Review : Accelerating Broad-based Growth World Bank ACCOUNTING AIRPORTS BASIC EDUCATION CIVIL SERVICE CLIMATE CORRUPTION CROWDING OUT DEBT DEBT MANAGEMENT DEBT SERVICE DEFICITS DISASTERS ECONOMIC CONDITIONS ECONOMIC GROWTH EDUCATION OUTCOMES EDUCATION SERVICES ELECTIONS ELECTRICITY ELECTRICITY GENERATION EMPLOYMENT EXCHANGE RATE EXCHANGE RATES FINANCIAL ANALYSIS FINANCIAL MANAGEMENT FISCAL DISCIPLINE GROSS DOMESTIC PRODUCT HOUSING HUMAN CAPITAL IMPORTS INCOME INCOME DISTRIBUTION INCOME LEVELS INFLATION INFLATION RATES INFRASTRUCTURE SERVICES INNOVATION INSTITUTIONAL CAPACITY INTEREST RATES LABOR COSTS LABOR FORCE LABOR PRODUCTIVITY LATIN AMERICAN LEGAL FRAMEWORK LEGISLATION LEGISLATURES LICENSES MARKET LIBERALIZATION MUNICIPALITIES NATIONAL INCOME NEGOTIATIONS POLICY DECISIONS POLICY ENVIRONMENT POVERTY ALLEVIATION POVERTY LINE PRIVATE SECTOR PROCUREMENT PRODUCERS PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS PROVISIONS PUBLIC DEBT PUBLIC ENTERPRISES PUBLIC EXPENDITURE PUBLIC EXPENDITURE MANAGEMENT PUBLIC EXPENDITURE REVIEW PUBLIC EXPENDITURES PUBLIC GOODS PUBLIC INFRASTRUCTURE PUBLIC INVESTMENT PUBLIC SECTOR PUBLIC SECTOR DEFICIT PUBLIC SECTOR WAGES PUBLIC SPENDING QUALITY ASSESSMENT QUOTAS REAL WAGES REGULATORY ENVIRONMENT REGULATORY FRAMEWORK RELAXATION ROADS SANITATION SANITATION SERVICES SAVINGS SCHOOLS SECURITIES SERVICES SECTOR TAX TAX REFORM TAX REVENUE TAX REVENUES TELECOMMUNICATIONS TERTIARY EDUCATION TRANSPARENCY TRANSPORTATION TREASURY VOCATIONAL TRAINING WAGES WEIGHT WORKERS This Development Policy Review (DPR) discusses Honduras's development agenda with a special focus on accelerating economic growth. This focus emerges from the Honduras Poverty Reduction Strategy Paper (PRSP), which identified growth as the main determinant o f the evolution of poverty, and guides the review of policy developments in various economic, social and infrastructure sectors. To the extent that the measures and reforms recommended in this report are able to generate a more attractive investment climate in Honduras, they will clearly serve to promote a faster accumulation o f physical capital, which is one component of economic growth. The main thrust of most of these reforms, however, is to improve the quality of factor services and the efficiency of factor allocation, which, in a growth accounting framework, are reflected in faster productivity growth. Recommended are measures to expand the coverage and quality o f education, measures to promote financial market development, measures to remove price distortions, attract greater private investment and improve the regulatory framework, as well as measures contemplated on the governance front, especially in the area o f improving public sector financial management and the civil service. 2013-07-03T19:53:41Z 2013-07-03T19:53:41Z 2004-11-08 http://documents.worldbank.org/curated/en/2004/11/5505005/honduras-development-policy-review-accelerating-broad-based-growth http://hdl.handle.net/10986/14368 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Country Economic Memorandum Economic & Sector Work Latin America & Caribbean Honduras
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCOUNTING
AIRPORTS
BASIC EDUCATION
CIVIL SERVICE
CLIMATE
CORRUPTION
CROWDING OUT
DEBT
DEBT MANAGEMENT
DEBT SERVICE
DEFICITS
DISASTERS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
EDUCATION OUTCOMES
EDUCATION SERVICES
ELECTIONS
ELECTRICITY
ELECTRICITY GENERATION
EMPLOYMENT
EXCHANGE RATE
EXCHANGE RATES
FINANCIAL ANALYSIS
FINANCIAL MANAGEMENT
FISCAL DISCIPLINE
GROSS DOMESTIC PRODUCT
HOUSING
HUMAN CAPITAL
IMPORTS
INCOME
INCOME DISTRIBUTION
INCOME LEVELS
INFLATION
INFLATION RATES
INFRASTRUCTURE SERVICES
INNOVATION
INSTITUTIONAL CAPACITY
INTEREST RATES
LABOR COSTS
LABOR FORCE
LABOR PRODUCTIVITY
LATIN AMERICAN
LEGAL FRAMEWORK
LEGISLATION
LEGISLATURES
LICENSES
MARKET LIBERALIZATION
MUNICIPALITIES
NATIONAL INCOME
NEGOTIATIONS
POLICY DECISIONS
POLICY ENVIRONMENT
POVERTY ALLEVIATION
POVERTY LINE
PRIVATE SECTOR
PROCUREMENT
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PROVISIONS
PUBLIC DEBT
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SECTOR DEFICIT
PUBLIC SECTOR WAGES
PUBLIC SPENDING
QUALITY ASSESSMENT
QUOTAS
REAL WAGES
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RELAXATION
ROADS
SANITATION
SANITATION SERVICES
SAVINGS
SCHOOLS
SECURITIES
SERVICES SECTOR
TAX
TAX REFORM
TAX REVENUE
TAX REVENUES
TELECOMMUNICATIONS
TERTIARY EDUCATION
TRANSPARENCY
TRANSPORTATION
TREASURY
VOCATIONAL TRAINING
WAGES
WEIGHT
WORKERS
spellingShingle ACCOUNTING
AIRPORTS
BASIC EDUCATION
CIVIL SERVICE
CLIMATE
CORRUPTION
CROWDING OUT
DEBT
DEBT MANAGEMENT
DEBT SERVICE
DEFICITS
DISASTERS
ECONOMIC CONDITIONS
ECONOMIC GROWTH
EDUCATION OUTCOMES
EDUCATION SERVICES
ELECTIONS
ELECTRICITY
ELECTRICITY GENERATION
EMPLOYMENT
EXCHANGE RATE
EXCHANGE RATES
FINANCIAL ANALYSIS
FINANCIAL MANAGEMENT
FISCAL DISCIPLINE
GROSS DOMESTIC PRODUCT
HOUSING
HUMAN CAPITAL
IMPORTS
INCOME
INCOME DISTRIBUTION
INCOME LEVELS
INFLATION
INFLATION RATES
INFRASTRUCTURE SERVICES
INNOVATION
INSTITUTIONAL CAPACITY
INTEREST RATES
LABOR COSTS
LABOR FORCE
LABOR PRODUCTIVITY
LATIN AMERICAN
LEGAL FRAMEWORK
LEGISLATION
LEGISLATURES
LICENSES
MARKET LIBERALIZATION
MUNICIPALITIES
NATIONAL INCOME
NEGOTIATIONS
POLICY DECISIONS
POLICY ENVIRONMENT
POVERTY ALLEVIATION
POVERTY LINE
PRIVATE SECTOR
PROCUREMENT
PRODUCERS
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
PROVISIONS
PUBLIC DEBT
PUBLIC ENTERPRISES
PUBLIC EXPENDITURE
PUBLIC EXPENDITURE MANAGEMENT
PUBLIC EXPENDITURE REVIEW
PUBLIC EXPENDITURES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PUBLIC INVESTMENT
PUBLIC SECTOR
PUBLIC SECTOR DEFICIT
PUBLIC SECTOR WAGES
PUBLIC SPENDING
QUALITY ASSESSMENT
QUOTAS
REAL WAGES
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
RELAXATION
ROADS
SANITATION
SANITATION SERVICES
SAVINGS
SCHOOLS
SECURITIES
SERVICES SECTOR
TAX
TAX REFORM
TAX REVENUE
TAX REVENUES
TELECOMMUNICATIONS
TERTIARY EDUCATION
TRANSPARENCY
TRANSPORTATION
TREASURY
VOCATIONAL TRAINING
WAGES
WEIGHT
WORKERS
World Bank
Honduras - Development Policy Review : Accelerating Broad-based Growth
geographic_facet Latin America & Caribbean
Honduras
description This Development Policy Review (DPR) discusses Honduras's development agenda with a special focus on accelerating economic growth. This focus emerges from the Honduras Poverty Reduction Strategy Paper (PRSP), which identified growth as the main determinant o f the evolution of poverty, and guides the review of policy developments in various economic, social and infrastructure sectors. To the extent that the measures and reforms recommended in this report are able to generate a more attractive investment climate in Honduras, they will clearly serve to promote a faster accumulation o f physical capital, which is one component of economic growth. The main thrust of most of these reforms, however, is to improve the quality of factor services and the efficiency of factor allocation, which, in a growth accounting framework, are reflected in faster productivity growth. Recommended are measures to expand the coverage and quality o f education, measures to promote financial market development, measures to remove price distortions, attract greater private investment and improve the regulatory framework, as well as measures contemplated on the governance front, especially in the area o f improving public sector financial management and the civil service.
format Economic & Sector Work :: Country Economic Memorandum
author World Bank
author_facet World Bank
author_sort World Bank
title Honduras - Development Policy Review : Accelerating Broad-based Growth
title_short Honduras - Development Policy Review : Accelerating Broad-based Growth
title_full Honduras - Development Policy Review : Accelerating Broad-based Growth
title_fullStr Honduras - Development Policy Review : Accelerating Broad-based Growth
title_full_unstemmed Honduras - Development Policy Review : Accelerating Broad-based Growth
title_sort honduras - development policy review : accelerating broad-based growth
publisher Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2004/11/5505005/honduras-development-policy-review-accelerating-broad-based-growth
http://hdl.handle.net/10986/14368
_version_ 1764428864765820928