Rekindling Economic Growth in Belize

Rekindling faster, sustained economic growth is arguably the most important development challenge for Belize. Economic growth is crucial for improving living standards, reducing poverty and strengthening macroeconomic sustainability. What are the binding constraints to economic growth in Belize? This study updates a growth diagnostic prepared for Belize in 2007, by reviewing Belize's economic performance, applying the Hausmann, Rodrick, and Velasco methodology to Belize's economic context and also by taking into account the private sector's opinions on the constraints to private sector investment and growth.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Dougal Martin
Format: Technical Notes biblioteca
Language:English
Published: Inter-American Development Bank
Subjects:Economic Development, GDP Growth, Private Investment, Economic Policy, H21 - Efficiency • Optimal Taxation, H41 - Public Goods, N16 - Latin America • Caribbean, O11 - Macroeconomic Analyses of Economic Development, O47 - Empirical Studies of Economic Growth • Aggregate Productivity • Cross-Country Output Convergence, O54 - Latin America • Caribbean, P24 - National Income Product and Expenditure • Money • Inflation, investment;anti-export bias;growth diagnostic;economic growth;Belize,
Online Access:http://dx.doi.org/10.18235/0009252
https://publications.iadb.org/en/rekindling-economic-growth-belize
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