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...
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| Format: | Country Economic Memorandum |
| Language: | English en_US |
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Washington, DC
2012
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| 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 |
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okr-10986-8544 |
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oai_dc |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English en_US |
| topic |
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 |
| spellingShingle |
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 World Bank Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| geographic_facet |
Latin America & Caribbean America Central America Guatemala |
| description |
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. |
| format |
Economic & Sector Work :: Country Economic Memorandum |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| title_short |
Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| title_full |
Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| title_fullStr |
Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| title_full_unstemmed |
Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth |
| title_sort |
guatemala : country economic memorandum, challenges to higher economic growth |
| publisher |
Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2005/03/5779531/guatemala-country-economic-memorandum-challenges-higher-economic-growth http://hdl.handle.net/10986/8544 |
| _version_ |
1764404909928611840 |
| spelling |
okr-10986-85442021-04-23T14:02:39Z Guatemala : Country Economic Memorandum, Challenges to Higher Economic Growth World Bank 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 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. 2012-06-20T18:16:16Z 2012-06-20T18:16:16Z 2005-03 http://documents.worldbank.org/curated/en/2005/03/5779531/guatemala-country-economic-memorandum-challenges-higher-economic-growth http://hdl.handle.net/10986/8544 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 America Central America Guatemala |