01665cas a2200241 a 4500 AALejournalIMF017062 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475531534 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Guatemala : Selected Issues and Analytical Notes. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (106 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/282 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/282/002.2016.issue-282-en.xml IMF e-Library