Central America : Global Integration and Regional Cooperation /

Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the agreement will provide...

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Bibliographic Details
Main Author: Rodlauer, Markus
Other Authors: Schipke, Alfred
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:Occasional Papers; Occasional Paper ; No. 2005/005
Online Access:Full text available on IMF
Description
Summary:Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines-among other things-the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the agreement will provide a boost to the integration process. To maximize the benefits in terms of faster sustainable growth, poverty reduction, and social progress, however, the region also needs to press ahead with ambitious structural reforms to entrench macroeconomic stability and ensure an attractive environment for investment, while stepping up regional cooperation in the areas of taxes and tax administration, financial systems, and statistics.
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Physical Description:1 online resource (146 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students