Hidden Bibliographic Details
Other authors / contributors: | International Monetary Fund, issuing body.
IMF Institute, issuing body.
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ISBN: | 1455245682 9781455245680 9781455290154 1455290157 9781451974874 1451974876 145523172X 9781455231720
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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.
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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.
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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
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Publisher's no.: | MWT11408905
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