Guatemala : Selected Issues and Analytical Notes.

This Selected Issues paper estimates potential output growth and the output gap for Guatemala. Potential output growth averaged 4.4 percent just before the global financial crisis but has since declined to 3.75 percent owing to lower capital accumulation and total factor productivity (TFP) growth. I...

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Συγγραφή απο Οργανισμό/Αρχή: International Monetary Fund. Western Hemisphere Dept
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2016.
Σειρά:IMF Staff Country Reports; Country Report ; No. 2016/282
Διαθέσιμο Online:Full text available on IMF
Περιγραφή
Περίληψη:This Selected Issues paper estimates potential output growth and the output gap for Guatemala. Potential output growth averaged 4.4 percent just before the global financial crisis but has since declined to 3.75 percent owing to lower capital accumulation and total factor productivity (TFP) growth. It is estimated at 3.8 percent in 2016, and the output gap has virtually closed. Potential growth is expected to reach 4 percent in the medium term owing to the expected improvements in TFP growth. Policies should also prioritize mobilizing domestic savings to invest and build a higher capital stock.
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Φυσική περιγραφή:1 online resource (106 pages)
Μορφή:Mode of access: Internet
ISSN:1934-7685
Πρόσβαση:Electronic access restricted to authorized BRAC University faculty, staff and students