The Macroeconomy of Central America

  • Robert Rennhack
  • Erik Offerdal

Part of the Procyclicality of Financial Systems in Asia book series (IMF)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Erik Offerdal
    Pages 1-40
  3. Janet G. Stotsky, Asegedech Woldemariam
    Pages 41-86
  4. Ana Corbacho, Hamid R. Davoodi
    Pages 87-141
  5. Guillermo Perry, Daniel Lederman, Rodrigo Suescún
    Pages 142-168
  6. Robert Rennhack, Erik Offerdal, Valerie Mercer-Blackman
    Pages 169-193
  7. Back Matter
    Pages 207-221

About this book


Opportunities for growth and investment in Central America could well improve in the coming years, as the region's ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the poor. This book stresses the importance of keeping fiscal policy on a sustainable path, strengthening public investment in basic infrastructure and primary health care and primary and secondary education, and managing the risks associated with partial dollarization.


economic policy fiscal policy growth

Editors and affiliations

  • Robert Rennhack
  • Erik Offerdal
    • 1
  1. 1.International Monetary FundUSA

Bibliographic information