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Nicaragua: Selected Issues and Statistical Appendix

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  • International Monetary Fund

Abstract

This Selected Issues paper and Statistical Appendix examines factors that have determined long-term growth in Nicaragua. Stylized facts suggest that government policies have had a decisive influence on growth. In particular, productivity and capital accumulation suffered during periods of excessive deficit spending and inadequate enforcement of private property rights. A sectoral analysis of growth reveals that liberalization and deregulation in the 1990s led to deep structural changes in the economy. The paper also describes the main characteristics of Nicaragua’s tax system, identifying key weaknesses and their economic costs.

Suggested Citation

  • International Monetary Fund, 2002. "Nicaragua: Selected Issues and Statistical Appendix," IMF Staff Country Reports 2002/269, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2002/269
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16236
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    Cited by:

    1. World Bank, 2003. "Nicaragua: Country Financial Accountability Assessment," World Bank Publications - Reports 14591, The World Bank Group.
    2. Operations Evaluation Department, 2004. "Nicaragua : Evaluation of the Poverty Reduction Strategy Paper Process and Arrangements under the Poverty Reduction and Growth Facility," World Bank Publications - Books, The World Bank Group, number 20216.

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