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Expenditure Issues and Governance in Central America

Author

Listed:
  • Ms. Ana Corbacho
  • Mr. Hamid R Davoodi

Abstract

This paper analyzes Central America's track record on inequality, poverty, and quality of fiscal adjustment in relation to economic growth; health and education outcomes; adequacy of social safety nets; and governance. It then assesses the degree to which the track record can be traced to reforms in public expenditure and governance. Despite the considerable heterogeneity among the countries in the region, there are some policies that all countries need to pursue. Sustained growth and a better quality of fiscal adjustment are needed, as well as policies aimed at increasing individuals' productivity and improving governance.

Suggested Citation

  • Ms. Ana Corbacho & Mr. Hamid R Davoodi, 2002. "Expenditure Issues and Governance in Central America," IMF Working Papers 2002/187, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2002/187
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16120
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    Cited by:

    1. Claudia Bouroncle & Pablo Imbach & Beatriz Rodríguez-Sánchez & Claudia Medellín & Armando Martinez-Valle & Peter Läderach, 2017. "Mapping climate change adaptive capacity and vulnerability of smallholder agricultural livelihoods in Central America: ranking and descriptive approaches to support adaptation strategies," Climatic Change, Springer, vol. 141(1), pages 123-137, March.

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