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This paper assesses El Salvador's capacity and options for upgrading its fiscal framework and attempts to take a fresh look at the 'growth puzzle' from a comparative perspective. The Hausmann's growth diagnostics approach offers a useful start, but it does not clearly explain El...

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Xehetasun bibliografikoak
Erakunde egilea: International Monetary Fund. Middle East and Central Asia Dept
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2016.
Saila:IMF Staff Country Reports; Country Report ; No. 2016/207
Sarrera elektronikoa:Full text available on IMF
Deskribapena
Gaia:This paper assesses El Salvador's capacity and options for upgrading its fiscal framework and attempts to take a fresh look at the 'growth puzzle' from a comparative perspective. The Hausmann's growth diagnostics approach offers a useful start, but it does not clearly explain El Salvador's growth gap versus its regional peers. The paper also constructs estimates of potential output growth and the output gap for El Salvador and compares it to those of other Central American countries. It examines potential growth before and after the global financial crisis and its likely medium-term trajectory.
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Deskribapen fisikoa:1 online resource (87 pages)
Formatua:Mode of access: Internet
ISSN:1934-7685
Sartu:Electronic access restricted to authorized BRAC University faculty, staff and students