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Honduras's Growth Performance During 1970-97 von Juan-Ramon, V. (eBook)

  • Erscheinungsdatum: 01.01.1999
  • Verlag: International Monetary Fund
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Honduras's Growth Performance During 1970-97

For more than three decades, Hondurass average annual growth in real per capita GDP has been almost zero and highly uneven, even though its total investment-to-GDP ratio has been relatively large. This paper argues that policy and efficiency variables seem to have had less of an influence on growth in Honduras than they had on other countries. Instead, lack of growth can be attributed to the offsetting negative influence of low labor and capital productivity, which result from deficient levels of human capital and inadequate composition of investment. Other constraints to growth in Honduras include inadequate physical and institutional infrastructures.

Produktinformationen

    Format: ePUB
    Kopierschutz: AdobeDRM
    Erscheinungsdatum: 01.01.1999
    Sprache: Englisch
    ISBN: 9781455290154
    Verlag: International Monetary Fund
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