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This paper examines Honduras’s 2005 Article IV Consultation and Second Review Under the Poverty Reduction and Growth … Facility. In the period 1960–2000, output growth in Honduras ranked among the lowest in the region. During the 1990s, when … growth recovered in the rest of Central America, in Honduras it only kept pace with population growth. The authorities …
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This paper seeks to identify what worked and what didn't work to stop inflation in Argentina in the last seventy years. The approach is descriptive rather than theoretical and examines the relative performance of the only ten stabilization plans that, during the period 1952-2015, lasted at least...
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Four years after the start of the Arab Spring uprisings, the macroeconomic situation in the EU’s Southern Neighbourhood remains weak and vulnerable and the recent intensification of civil strife and military conflicts is exacerbating this economic malaise. Macroeconomic performance may not...
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The global crisis has taken its toll on the EU’s prime position in international trade. While the EU still has the largest relative market shares, its position has deteriorated since the crisis, much more so than the US, and its comparative advantage in knowledge-intensive goods has been...
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