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Palgrave Macmillan

The Macroeconomy of Central America

  • Book
  • © 2004

Overview

Editors:
  1. Robert Rennhack
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  2. Erik Offerdal

    1. International Monetary Fund, USA

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    You can also search for this editor in PubMed   Google Scholar

Part of the book series: Procyclicality of Financial Systems in Asia (IMF)

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Table of contents (6 chapters)

  1. Front Matter

    Pages i-xviii
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  2. Fiscal Sustainability

    • Erik Offerdal
    Pages 1-40

  3. Tax Reform: Trends and Possibilities

    • Janet G. Stotsky, Asegedech Woldemariam
    Pages 41-86

  4. Public Expenditure and Governance

    • Ana Corbacho, Hamid R. Davoodi
    Pages 87-141

  5. Trade Structure and Policy

    • Guillermo Perry, Daniel Lederman, Rodrigo Suescún
    Pages 142-168

  6. Choice of Exchange Rate Regimes

    • Robert Rennhack, Erik Offerdal, Valerie Mercer-Blackman
    Pages 169-193

  7. Financial Dollarization: What to Do About It?

    • Alain Ize
    Pages 194-206

  8. Back Matter

    Pages 207-221
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Keywords

About this book

Opportunities for growth and investment in Central America could well improve in the coming years, as the region's ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the poor. This book stresses the importance of keeping fiscal policy on a sustainable path, strengthening public investment in basic infrastructure and primary health care and primary and secondary education, and managing the risks associated with partial dollarization.

Editors and Affiliations

  • International Monetary Fund, USA

    Erik Offerdal

About the editors

ANA CORBACHO Economist, Fiscal Affairs Department, International Monetary Fund, USA HAMID R. DAVOODI Senior Economist, Middle East and Central Asia Department, International Monetary Fund, USA ALAIN IZE Advisor, Monetary and Financial Systems Department, International Monetary Fund, USA DANIEL LEDERMAN Senior Economist, World Bank, USA VALERIE MERCER-BLACKMAN Economist, Western Hemisphere Department, International Monetary Fund, USA GUILLERMO PERRY Chief Economist of the Latin American and Caribbean Region, World Bank, USA JANET G. STOTSKY Fiscal Affairs Department, International Monetary Fund, USA RODRIGO SUESCÚN Senior Economist, World Bank, USA ASEGEDECH WOLDEMARIAM Senior Research Officer, International Monetary Fund, USA

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