Honduras's growth performance during 1970-97 /

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Bibliographic Details
Author / Creator:Juan-Ramon, V. Hugo, 1951- author.
Imprint:[Washington, D.C.] : International Monetary Fund, IMF Institute, ©1999.
Description:1 online resource (24 pages) : illustrations
Language:English
Series:IMF policy discussion paper ; PDP/99/1
IMF policy discussion paper ; PDP/99/1.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12496161
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Other authors / contributors:International Monetary Fund, issuing body.
IMF Institute, issuing body.
ISBN:1455245682
9781455245680
9781455290154
1455290157
9781451974874
1451974876
145523172X
9781455231720
Notes:Includes bibliographical references (page 24).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:Annotation For more than three decades, Hondurass average annual growth in real per capita GDP has been almost zero and highly uneven, even though its total investment-to-GDP ratio has been relatively large. This paper argues that policy and efficiency variables seem to have had less of an influence on growth in Honduras than they had on other countries. Instead, lack of growth can be attributed to the offsetting negative influence of low labor and capital productivity, which result from deficient levels of human capital and inadequate composition of investment. Other constraints to growth in Honduras include inadequate physical and institutional infrastructures.
Other form:Print version: Juan-Ramon, V. Hugo, 1951- Honduras's growth performance during 1970-97. [Washington, D.C.] : International Monetary Fund, IMF Institute, ©1999
Publisher's no.:MWT11408905