{
  "title": "Economic Growth and Integration in Central America",
  "publication": "Occasional Papers, June 13, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/occasional-papers/issues/2016/12/31/economic-growth-and-integration-in-central-america-19748",
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  "summary": "How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty? As Central America moves forward in regaining macroeconomic stability, these are the challenges.",
  "sections": [
    {
      "heading": "Executive summary and challenges",
      "content": "- How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty?  \n- As Central America moves forward in regaining macroeconomic stability, these are the challenges."
    },
    {
      "heading": "Scope and analytical focus",
      "content": "- This study analyzes Central America’s real, fiscal, monetary, and financial sector policies at the regional level.\n- It starts with a review of growth performance and the macroeconomic implications of remittances.\n- It then looks at:\n  - the sustainability of pension systems,\n  - financial system development,\n  - sovereign debt vulnerabilities,\n  - ways to sustain progress in reducing inflation by strengthening the credibility of central banks."
    },
    {
      "heading": "Key topics and subjects covered",
      "content": "- Aging\n- Banking\n- Expenditure\n- Inflation\n- Labor\n- Pension spending\n- Pensions\n- Population and demographics\n- Prices\n- Public debt"
    },
    {
      "heading": "Keywords",
      "content": "- Aging\n- Central America\n- Central America-Chile\n- Central America-Dominican Republic\n- Central America-Panama\n- country\n- debt\n- debt structure\n- foreign currency debt\n- Global\n- government\n- Inflation\n- OP\n- Pension spending\n- Pensions\n- productivity performance\n- productivity-enhancing reform\n- retirement age\n- South America\n- Western Hemisphere\n\n---\n\n Content in this bundle\n\n- op257s — Conclusiones\n  - op257s — Conclusiones (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - op257s — Conclusiones (PDF){rel=\"external\" type=\"application/pdf\"}\n- Occasional Paper 257: Economic Growth and Integration in Central America, Chapter 1 - June 2007\n  - Occasional Paper 257: Economic Growth and Integration in Central America, Chapter 1 - June 2007 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Occasional Paper 257: Economic Growth and Integration in Central America, Chapter 1 - June 2007 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/31/economic-growth-and-integration-in-central-america-19748"
    }
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    "[Markdown version](/en/publications/occasional-papers/issues/2016/12/31/economic-growth-and-integration-in-central-america-19748/index.md)",
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    "Authors: Alfred Schipke, Dominique Desruelle",
    "Published: June 13, 2007",
    "Series: Occasional Papers",
    "DOI: https://doi.org/10.5089/9781589066168.084",
    "How to entrench hard-won gains, increase resilience to shocks, and improve growth performance to reduce poverty?",
    "As Central America moves forward in regaining macroeconomic stability, these are the challenges.",
    "This study analyzes Central America’s real, fiscal, monetary, and financial sector policies at the regional level.",
    "It starts with a review of growth performance and the macroeconomic implications of remittances.",
    "It then looks at:",
    "Aging",
    "Banking",
    "Expenditure",
    "Inflation",
    "Labor",
    "Pension spending",
    "Pensions",
    "Population and demographics",
    "Prices",
    "Public debt",
    "Aging",
    "Central America",
    "Central America-Chile",
    "Central America-Dominican Republic",
    "Central America-Panama",
    "country",
    "debt",
    "debt structure",
    "foreign currency debt",
    "Global",
    "government",
    "Inflation",
    "OP",
    "Pension spending",
    "Pensions",
    "productivity performance",
    "productivity-enhancing reform",
    "retirement age",
    "South America",
    "Western Hemisphere",
    "**_op257s — Conclusiones**",
    "**Occasional Paper 257: Economic Growth and Integration in Central America, Chapter 1 - June 2007**"
  ],
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