Guatemala: Economic Outlook for 2011

The recovery of the economy is inevitably tied to the U.S. and Guatemala's will only be as slow as the U.S. recovery.

Thursday, December 9, 2010

Analysts at Central America Business Intelligence (CABI) noted that there are steps which the government could implement in order to improve the picture.

Sigloxxi.com includes comments by Miguel Gutierrez, a CABI economist, who recommends "... a substantial reduction of the monetary policy rate, which for now is at 4.5% ... in about 2 points, and we could also suggest implementing an effective policy to improve security in the country.”

More on this topic

IMF Details Problems in El Salvador

May 2016

The IMF has indicated political polarization, high crime and outward migration, rising unit labor costs and high logistics costs, barriers to entry and expansion of business, fiscal uncertainty, and limited human capital.

From a statement issued by the IMF:

The IMF staff team visited San Salvador during April 25—May 6 for the 2016 Article IV consultation and held fruitful discussions with the Salvadoran authorities, parliamentarians, business community, academics, and social partners.

Costa Rica Through Eyes of IMF in November 2014

November 2014

Although the product has remained steady in its level of potential, the country's economic prospects are not as promising due to the weakening of economic fundamentals.

From a statement issued by the International Monetary Fund (IMF):

This note summarizes preliminary findings and recommendations of the IMF staff mission that visited Costa Rica during October 28–November 11 to conduct the 2014 Article IV consultation.

El Salvador: Productive Sector Not Optimistic

January 2012

2012 will not be a good year for most of the Salvadoran productive sectors, whose executives expect no growth or only 1% growth.

The continuation of the slow recovery of the U.S. economy and increased exports to other Central American countries, are the only glimmers of hope to which businesses are clinging to reach 2% growth.

ECLAC: Latin America to Grow 4.1% in 2010

December 2009

Economic recovery from the international crisis in Latin America and the Caribbean will be quicker than expected a few months ago.

In its annual report Preliminary Overview of the Economies of Latin America and the Caribbean 2009, the regional commission of the United Nations projects positive growth rates for most countries, but explains that there is still doubts about whether this recovery will be sustainable over time, given that the external scenario continues uncertain, which may affect growth expectations in the region.

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