Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth

The purpose of this Country Economic Memorandum (CEM) is to contribute to the ongoing discussion in Guatemala about means of accelerating economic growth to help achieve targets set in the 1996 Peace Accords as a key ingredient in the fight to reduce national poverty rates. Chapter I examines histor...

Full description

Bibliographic Details
Main Author:	World Bank
Format:	Country Economic Memorandum
Language:	English en_US
Published:	Washington, DC 2012
Subjects:	ADAPTATION AGGREGATE DEMAND AGRICULTURE AIR AIR POLLUTION ANNUAL GROWTH AVERAGE GROWTH AVERAGE GROWTH RATE BANKING SECTOR BANKING SYSTEM BASE YEAR BENCHMARKING BENCHMARKS BREASTFEEDING BUSINESS ENVIRONMENT CAPITAL ACCUMULATION CAPITAL INFLOWS CAPITAL INVESTMENTS CENTRAL AMERICA CENTRAL AMERICAN CLIMATE COMMUNITY PARTICIPATION COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMERS CRIME CRISES DEMOCRACY DEVELOPMENT GOALS DEVELOPMENT INDICATORS DIRECT INVESTMENT DIVERSIFICATION ECONOMIC GROWTH ECONOMIC IMPACT ECONOMIC INTEGRATION ECONOMIC OPPORTUNITIES ECONOMIC PERFORMANCE ECONOMIC POLICY ECONOMIC REFORMS ECONOMIC RESEARCH ECONOMIC TRENDS EDUCATION SERVICES EMPLOYMENT ENVIRONMENTAL HEALTH EXCHANGE RATE POLICY EXCHANGE RATES EXOGENOUS VARIABLES EXPLANATORY VARIABLES EXPORTS EXTERNAL SHOCKS EXTREME POVERTY FAMILIES FINANCIAL DEPTH FINANCIAL DEVELOPMENT FINANCIAL MARKETS FINANCIAL SECTOR FISCAL POLICIES FOLIC ACID FORECASTS FREE TRADE GDP GDP PER CAPITA GIRLS GLOBAL STANDARDS GNP GOVERNANCE INDICATORS GROSS DOMESTIC PRODUCT GROWTH MODEL GROWTH PERFORMANCE GROWTH POLICY GROWTH POTENTIAL GROWTH RATE GROWTH RATES HEALTH INDICATORS HEALTH PROMOTION HEALTH SERVICES HIGH GROWTH HIGH INEQUALITY HIGH INEQUALITY LEVELS HIGH POVERTY HOUSING HUMAN CAPITAL HUMAN DEVELOPMENT ILLITERACY IMPORT TARIFFS INCOME DISTRIBUTION INCOME GROWTH INDIVIDUAL COUNTRIES INFANT MORTALITY INNOVATION INTERNAL FACTORS INTERNATIONAL DEVELOPMENT INTERNATIONAL TELECOMMUNICATIONS INVESTMENT CLIMATE IRON LABOR FORCE LATIN AMERICAN LONG RUN MACROECONOMIC CONDITIONS MACROECONOMIC POLICY MACROECONOMIC POLICY OUTCOMES MACROECONOMIC STABILITY MALNUTRITION MANAGERS MERGERS MIDDLE INCOME COUNTRIES MONETARY POLICIES MORTALITY MOTHERS NUTRITION NUTRITIONAL STATUS OUTPUT GROWTH OUTPUT VOLATILITY PATENTS PER CAPITA GROWTH PER CAPITA INCOME PER CAPITA INCOMES POLICY OPTIONS POLICY REFORMS POOR GROWTH POVERTY RATES POVERTY REDUCTION PREGNANCY PREGNANT WOMEN PRICE STABILITY PRIMARY EDUCATION PRIMARY SCHOOL PRIVATE SCHOOLS PRIVATE SECTOR PRODUCTIVITY PROPERTY RIGHTS PUBLIC EXPENDITURES PUBLIC FINANCES PUBLIC FUNDS PUBLIC HEALTH PUBLIC INFRASTRUCTURE PUBLIC INSTITUTIONS PUBLIC OFFICIALS PUBLIC POLICY PUBLIC SECTOR PUBLIC SPENDING REAL EXCHANGE RATE REAL INTEREST RATE RESEARCH PROJECTS RESOURCE ALLOCATION RURAL AREAS RURAL GROWTH RURAL INFRASTRUCTURE SAFETY SAFETY NET SANITATION SCHOOLS SECONDARY SCHOOLING SECONDARY SCHOOLS SIGNIFICANT IMPACT SOCIAL ACTION SOCIAL CAPITAL SOCIAL PROGRESS SOCIAL SECURITY SOCIOECONOMIC DEVELOPMENT STRUCTURAL POLICIES TARIFF BARRIERS TECHNOLOGICAL INNOVATION TOTAL FACTOR PRODUCTIVITY TOTAL FACTOR PRODUCTIVITY GROWTH TRADE OPENNESS TRADE POLICIES TRADE REGIME URBAN AREAS VALUATION VALUE ADDED VIOLENCE WAGES WORKERS WTO
Online Access:	http://documents.worldbank.org/curated/en/2005/03/5779531/guatemala-country-economic-memorandum-challenges-higher-economic-growth http://hdl.handle.net/10986/8544

Description
Summary:	The purpose of this Country Economic Memorandum (CEM) is to contribute to the ongoing discussion in Guatemala about means of accelerating economic growth to help achieve targets set in the 1996 Peace Accords as a key ingredient in the fight to reduce national poverty rates. Chapter I examines historical and recent developments and uses a benchmarking growth methodology to identify the measures and policies most conducive to increasing long-term economic growth. Those areas that are identified as critical on the list of priorities are developed further in separate chapters. Chapter II focuses on the important role of human capital development for growth, along with the complementary policies for improving education and health. Chapter III examines the investment climate, broadly understood, which includes governance, access to infrastructure, and financial development. Chapter IV analyzes the importance of innovation and technology adaptation for productivity growth. Chapter V looks at trade openness and the catalytic role that the recently negotiated free trade agreement with the U.S. (CAFTA) could have on the Guatemalan economy.

Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth

Similar Items