Reinvigorating Growth in Belize

Author/Editor:

Dmitry Vasilyev

Publication Date:

February 4, 2019

Electronic Access:

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Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

In the 1990s and early 2000s, Belize grew faster than its regional peers. By the mid-2000s, however, economic growth had slowed down to the regional average. A vicious circle of low growth and increasing public debt has been clouding Belize’s outlook. This paper applies a growth diagnostic approach based on the Hausmann-Rodrik-Velasco framework to investigate the main growth constraints and opportunities for higher growth in Belize. Improvements in access to finance and in the business climate could unlock Belize’s strengths.

Series:

Working Paper No. 19/24

English

Publication Date:

February 4, 2019

ISBN/ISSN:

9781484392188/1018-5941

Stock No:

WPIEA2019024

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

26

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