mirage

Guatemala Economic DNA : Harnessing Growth with a Special Focus on Jobs

LACER-LACEA/Manakin Repository

Show simple item record

dc.contributor.author World Bank Group
dc.date.accessioned 2014-10-09T14:31:25Z
dc.date.available 2014-10-09T14:31:25Z
dc.date.issued 2014-08
dc.identifier.uri http://hdl.handle.net/10986/20400
dc.description.abstract This is the first edition of the of the Guatemala Economic DNA (Diagnostic for National Action) with a focus section on job creation. The report highlights the important achievements of Guatemala on the macroeconomic stability front. It also argues that these achievements will need to be secured and makes the case for an increased focus on accelerating economic growth. For example, this edition highlights that in 2013 the country's economic activity expanded by 3.7 percent in 2013, and is projected to grow around 3.6 percent in the near-term, in line with the growth of Central American economies but below the growth rate in emerging markets. Meanwhile, inflation has been managed and the authorities deserve to be recognized for their commitment to maintain macroeconomic stability. Guatemala's economy has recovered at a modest but consistent pace since the global financial crisis of 2008-09. Guatemala's macroeconomic resilience is due to prudent macroeconomic policies and a more diversified economy in comparison to other Central American countries, which has helped cushion the impact of shocks. Accelerating growth can substantially reduce poverty in Guatemala, but this will require improvements in economy-wide productivity. Public investment is essential to achieving Guatemala's development goals, yet it remains tightly constrained by a lack of resources, and the government continues to collect the lowest share of public revenues in the world relative to the size of its economy. This report, underscores the extent to which structural constraints on enterprise development slow hiring rates, discourage technology transfer, and promote informality. Several cross-cutting factors are also closely correlated with job creation in Guatemala, including financial depth, exposure to corruption, and informality. Strengthening the rule of law and streamlining regulatory systems will be essential to facilitating firm growth, fostering greater competitiveness, and boosting the returns to both labor and capital. en
dc.language English
dc.language.iso en_US
dc.publisher Guatemala
dc.rights CC BY 3.0 IGO
dc.rights.uri http://creativecommons.org/licenses/by/3.0/igo/
dc.subject DURABLE
dc.subject TAX ON CAPITAL GAINS
dc.subject PUBLIC SAVINGS
dc.subject CONSUMER CREDIT
dc.subject INTEREST PAYMENTS
dc.subject PUBLIC-PRIVATE PARTNERSHIPS
dc.subject LABOR MARKETS
dc.subject BOND ISSUANCES
dc.subject CENTRAL BANK
dc.subject PRODUCTIVITY
dc.subject INTERNATIONAL MARKETS
dc.subject MARKET CONDITIONS
dc.subject NOMINAL INTEREST RATE
dc.subject GROSS DOMESTIC PRODUCT
dc.subject PRODUCTIVITY GROWTH
dc.subject PRIVATE INVESTMENT
dc.subject TRACK RECORD
dc.subject PUBLIC FINANCES
dc.subject LONG-TERM INTEREST
dc.subject MACROECONOMIC POLICIES
dc.subject EMERGING MARKETS DEBT
dc.subject LOCAL CURRENCY
dc.subject FOREIGN FIRMS
dc.subject OIL PRICES
dc.subject DOMESTIC CAPITAL MARKETS
dc.subject NET EXPORTS
dc.subject TRADE TAXES
dc.subject FIRM GROWTH
dc.subject PRIVATE CAPITAL INFLOWS
dc.subject EXTERNAL FINANCING
dc.subject CURRENT ACCOUNT DEFICIT
dc.subject TAX
dc.subject FOREIGN DIRECT INVESTMENT
dc.subject GLOBAL MARKETS
dc.subject REAL GDP
dc.subject NON-PERFORMING LOANS
dc.subject FINANCIAL SECTOR
dc.subject COMMODITY PRICE
dc.subject TOTAL DEBT
dc.subject SUPPLY SHOCKS
dc.subject RULE OF LAW
dc.subject LIVING STANDARDS
dc.subject INTERNATIONAL FINANCIAL MARKETS
dc.subject PRIVATE SECTOR CREDIT
dc.subject MATURITY
dc.subject COMMODITY
dc.subject OUTSTANDING BANK LOANS
dc.subject INFLATION RATES
dc.subject WAGE RATES
dc.subject BASIS POINT
dc.subject VOLATILITY
dc.subject INVESTOR BASE
dc.subject BOND
dc.subject GOVERNMENT REVENUE
dc.subject BANK LENDING
dc.subject AGRICULTURE
dc.subject PORTFOLIO
dc.subject UNEMPLOYMENT RATE
dc.subject EXPOSURE
dc.subject CAPITAL STOCK
dc.subject MIDDLE INCOME COUNTRIES
dc.subject INTEREST RATE DIFFERENTIAL
dc.subject COMMODITY PRICES
dc.subject NATURAL DISASTERS
dc.subject TAX EXEMPTIONS
dc.subject GLOBAL MARKET
dc.subject INCOME GROWTH
dc.subject AVERAGE COSTS
dc.subject INVESTMENT CLIMATE
dc.subject BUSINESS CLIMATE
dc.subject ECONOMIC TRENDS
dc.subject DURABLE GOODS
dc.subject EXCHANGE RATE MOVEMENTS
dc.subject ISSUANCE
dc.subject EXPORT COMPETITIVENESS
dc.subject EXCHANGE RATES
dc.subject FISCAL CONSOLIDATION
dc.subject TECHNOLOGY TRANSFER
dc.subject FISCAL DEFICIT
dc.subject ECONOMIC COMPETITIVENESS
dc.subject TRADE BALANCE
dc.subject INTEREST RATES
dc.subject GOVERNMENT BONDS
dc.subject WORLD DEVELOPMENT INDICATORS
dc.subject MACROECONOMIC LEVEL
dc.subject TAX REVENUES
dc.subject ACCOUNTING
dc.subject GROWTH RATES
dc.subject RETURNS
dc.subject FINANCIAL STABILITY
dc.subject CREDIT ACCESS
dc.subject FINANCIAL CRISIS
dc.subject DEBT MANAGEMENT
dc.subject FREE TRADE
dc.subject FOOD PRICES
dc.subject CENTRAL GOVERNMENT DEBT
dc.subject INTERNATIONAL RESERVES
dc.subject HUMAN CAPITAL
dc.subject TRADING
dc.subject SALES GROWTH
dc.subject CREDIT GROWTH
dc.subject FREE TRADE AGREEMENT
dc.subject DOMESTIC CAPITAL
dc.subject OFFSHORE FINANCING
dc.subject PRICE CHANGES
dc.subject LONG-TERM INTEREST RATES
dc.subject TAX SYSTEM
dc.subject OPEN ECONOMY
dc.subject ECONOMETRIC ANALYSIS
dc.subject MONETARY POLICY
dc.subject DIVIDENDS
dc.subject TAX COLLECTION
dc.subject DISBURSEMENTS
dc.subject UNEMPLOYMENT
dc.subject WEALTH
dc.subject EXPENDITURES
dc.subject BALANCE OF PAYMENTS
dc.subject PRIVATE CAPITAL
dc.subject RESERVES
dc.subject EXPORTERS
dc.subject SHARE OF CREDIT
dc.subject BASIS POINTS
dc.subject INVENTORIES
dc.subject TOTAL FACTOR PRODUCTIVITY
dc.subject DOMESTIC MARKET
dc.subject CURRENCY
dc.subject INFLATION RATE
dc.subject INFORMATION TECHNOLOGY
dc.subject TAX REGIME
dc.subject IMMUNIZATION
dc.subject SHORT-TERM DEBT
dc.subject OUTSTANDING LOANS
dc.subject FRAUD
dc.subject DEBT SOURCE
dc.subject FOREIGN EXCHANGE MARKET
dc.subject FACTORS OF PRODUCTION
dc.subject MACROECONOMIC MANAGEMENT
dc.subject RATE OF GROWTH
dc.subject EXCHANGE RATE
dc.subject TAX CREDIT
dc.subject JOB CREATION
dc.subject CONSUMER GOODS
dc.subject PURCHASING POWER
dc.subject ECONOMIC GROWTH
dc.subject INVESTING
dc.subject FORECASTS
dc.subject INFLATIONARY PRESSURES
dc.subject GOVERNMENT REVENUES
dc.subject LABOR MARKET
dc.subject PUBLIC DEBT
dc.subject TAX COLLECTIONS
dc.subject TAXATION
dc.subject CREDIT CONSTRAINTS
dc.subject WAGES
dc.subject RAPID ECONOMIC GROWTH
dc.subject INVESTMENT FLOWS
dc.subject UNEMPLOYMENT RATES
dc.subject ECONOMIC SECTORS
dc.subject INCOME TAX
dc.subject GOVERNMENT DEBT
dc.subject INCOME TAXES
dc.subject CAPITAL FORMATION
dc.subject MORTGAGE MARKET
dc.subject GOVERNMENT FINANCES
dc.subject PORTFOLIOS
dc.subject POST-CRISIS PERIOD
dc.subject ECONOMIC OUTLOOK
dc.subject DOMESTIC CREDIT
dc.subject DISBURSEMENT
dc.subject EMERGING MARKETS
dc.subject PUBLIC INVESTMENT
dc.subject EXPENDITURE
dc.subject OIL PRICE
dc.subject FOREIGN EXCHANGE
dc.subject GDP
dc.subject TREASURY
dc.subject TREASURY BONDS
dc.subject REMITTANCES
dc.subject COMMERCIAL BANKS
dc.subject GROWTH RATE
dc.subject INCOME
dc.subject EXPORT MARKETS
dc.subject EXTREME POVERTY
dc.subject CREDIT CARDS
dc.subject MIDDLE-INCOME COUNTRIES
dc.subject PORTFOLIO INVESTMENT
dc.subject DEMAND FOR CREDIT
dc.subject DEBT FINANCING
dc.subject REGULATORY SYSTEMS
dc.subject FISCAL POLICY
dc.subject TAX RATE
dc.subject FEDERAL RESERVE
dc.subject EQUIPMENT
dc.subject EMERGING ECONOMIES
dc.subject MONETARY FUND
dc.subject FOREIGN MARKET
dc.subject INFLATION
dc.subject INTEREST RATE DIFFERENTIALS
dc.subject REMITTANCE
dc.subject VALUE ADDED
dc.subject MACROECONOMIC STABILITY
dc.subject FINANCIAL SERVICES
dc.subject PUBLIC FINANCE
dc.subject ECONOMIC DEVELOPMENTS
dc.subject DEBT MARKET
dc.subject INTEREST RATE
dc.subject FOREIGN INVESTMENT
dc.subject AGRICULTURAL COMMODITIES
dc.subject DERIVATIVES
dc.subject PER CAPITA INCOMES
dc.subject TAX RATES
dc.subject HUMAN DEVELOPMENT
dc.subject RETURN
dc.subject GLOBAL EXPORT
dc.subject BANK BRANCHES
dc.subject RESIDENTIAL MORTGAGE
dc.subject BUDGET DEFICIT
dc.subject FOREIGN CURRENCY
dc.subject PUBLIC SPENDING
dc.subject INFLATION EXPECTATIONS
dc.subject FOREIGN MARKETS
dc.subject TAX STRUCTURE
dc.subject TAX CODE
dc.subject ECONOMIC DEVELOPMENT
dc.subject STOCKS
dc.subject FOREIGN TRADE
dc.title Guatemala Economic DNA : Harnessing Growth with a Special Focus on Jobs en
dc.title.alternative Analisis para el dialogo nacional (ADN) economico de Guatemala : capturando crecimiento con una seccion de enfoque sobre empleo en


Files in this item

Files Size Format View

There are no files associated with this item.

This item appears in the following Collection(s)

Show simple item record

CC BY 3.0 IGO Except where otherwise noted, this item's license is described as CC BY 3.0 IGO

Search LACER-LACEA


Browse

My Account