Reinvigorating Growth in Belize PDF Download

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Reinvigorating Growth in Belize

Reinvigorating Growth in Belize PDF Author: Dmitry Vasilyev
Publisher: International Monetary Fund
ISBN: 1484392183
Category : Business & Economics
Languages : en
Pages : 26

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Book Description
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.