Publication:
Local Gains from Global Opportunities : Improving Central America's Investment Climate

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-13T21:39:29Z
dc.date.available2012-06-13T21:39:29Z
dc.date.issued2008-09
dc.description.abstractCentral America's economic performance in recent years has benefited from improved macroeconomic management, a favorable external environment, as well as rising investor confidence since the region has pursued greater access to global markets, particularly with the signing Dominican Republic, Central American Free Trade Agreement (DR-CAFTA) in 2004. Nonetheless, while important reforms have been made, much remains to be done, and the context of a less favorable global environment underlines the urgent need to improve competitiveness and enhance productivity. An improving investment climate will contribute to both. This chapter discusses the broad economic factors that shape the investment climate in Central America. Section one describes the overall strategic context, highlighted by the opportunities and challenges emerging from the new trade deal. Section two discusses the region's macroeconomic environment, economic growth, sectoral changes, the business cycles with the US, and overall stability. Section three covers trade, financial and remittances flows, which are particularly important to the region. Section four summarizes and takes a look ahead.en
dc.identifierhttp://documents.worldbank.org/curated/en/2008/09/16262686/local-gains-global-opportunities-improving-central-americas-investment-climate
dc.identifier.doi10.1596/7959
dc.identifier.urihttps://hdl.handle.net/10986/7959
dc.languageEnglish
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectAGRICULTURE
dc.subjectAVERAGE PRODUCTIVITY
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANKING SUPERVISION
dc.subjectBENCHMARKING
dc.subjectBUSINESS CLIMATE
dc.subjectBUSINESS CYCLES
dc.subjectBUSINESS DEVELOPMENT
dc.subjectBUSINESS ENVIRONMENT
dc.subjectBUSINESS INVESTMENT
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKETS
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BANKS
dc.subjectCIVIL WAR
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCOMMON MARKET
dc.subjectCOMMUNICATIONS TECHNOLOGIES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPETITIVENESS
dc.subjectCONCEPTUAL FRAMEWORK
dc.subjectCONNECTIVITY
dc.subjectCONNECTIVITY INDEX
dc.subjectCONSUMER PROTECTION
dc.subjectCONTRACT ENFORCEMENT
dc.subjectCOUNTRY RISK
dc.subjectCPI
dc.subjectCREDITWORTHINESS
dc.subjectCURRENT ACCOUNT BALANCES
dc.subjectCUSTOMS UNION
dc.subjectDEBT
dc.subjectDEMOCRACIES
dc.subjectDEMOCRACY
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT INVESTMENTS
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIVIDEND
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC EXPANSION
dc.subjectECONOMIC FACTORS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC IMPACT
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC REFORMS
dc.subjectECONOMIC VOLATILITY
dc.subjectECONOMIES OF SCALE
dc.subjectELASTICITIES
dc.subjectELECTRONIC FUNDS
dc.subjectEMPIRICAL ANALYSIS
dc.subjectEMPIRICAL INVESTIGATIONS
dc.subjectEMPIRICAL STUDIES
dc.subjectENVIRONMENTAL
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectEXPORT BASE
dc.subjectEXPORT MARKET
dc.subjectEXPORTS
dc.subjectEXPOSURE
dc.subjectEXTREME POVERTY
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INSTRUMENTS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL SYSTEM
dc.subjectFIRM PERFORMANCE
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICIES
dc.subjectFOOD PRICES
dc.subjectFOREIGN COMPANY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN OWNERSHIP
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectFREE TRADE AGREEMENTS
dc.subjectGDP
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNANCE INDICATORS
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHARMONIZATION
dc.subjectHOME COUNTRY
dc.subjectHUMAN CAPITAL
dc.subjectINCOME GROUP
dc.subjectINCOME GROUPS
dc.subjectINCREASING RETURNS
dc.subjectINCREASING RETURNS TO SCALE
dc.subjectINDIVIDUAL FIRMS
dc.subjectINEFFICIENCY
dc.subjectINFLATION
dc.subjectINFORMATION SHARING
dc.subjectINFRASTRUCTURE INVESTMENT
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTEREST RATES
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL BEST PRACTICES
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL RESERVES
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTORY
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTOR CONFIDENCE
dc.subjectINVESTOR PROTECTION
dc.subjectJOB CREATION
dc.subjectJUDICIAL SYSTEM
dc.subjectJURISDICTIONS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLEGAL FRAMEWORK
dc.subjectLEGAL FRAMEWORKS
dc.subjectLIBERALIZATION
dc.subjectLONG-TERM INVESTMENT
dc.subjectLONG-TERM INVESTMENTS
dc.subjectMACROECONOMIC CONTEXT
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMANUFACTURING INDUSTRY
dc.subjectMARKET ACCESS
dc.subjectMARKET ECONOMY
dc.subjectMARKET EFFICIENCY
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMETALS
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRY
dc.subjectMONEY LAUNDERING
dc.subjectMULTILATERAL DEVELOPMENT
dc.subjectMULTINATIONAL CORPORATIONS
dc.subjectNATIONAL INCOME
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL RESOURCES
dc.subjectNEW PRODUCTS
dc.subjectOIL
dc.subjectOIL PRICES
dc.subjectOPEN ECONOMY
dc.subjectOUTPUT
dc.subjectPATENTS
dc.subjectPAYMENT SYSTEMS
dc.subjectPAYMENTS SYSTEM
dc.subjectPAYMENTS SYSTEMS
dc.subjectPENSIONS
dc.subjectPER CAPITA INCOME
dc.subjectPOINT OF SALE
dc.subjectPOLICY ENVIRONMENT
dc.subjectPOLICY MAKERS
dc.subjectPOLITICAL CONSIDERATIONS
dc.subjectPOLITICAL CYCLE
dc.subjectPOLITICAL STABILITY
dc.subjectPOLITICAL SYSTEM
dc.subjectPOWER PARITY
dc.subjectPREFERENTIAL ACCESS
dc.subjectPRICE INCREASES
dc.subjectPRIVATE INVESTMENTS
dc.subjectPRODUCERS
dc.subjectPRODUCTION PROCESSES
dc.subjectPRODUCTION STRUCTURE
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC DEBT
dc.subjectPURCHASING POWER
dc.subjectQUALITY STANDARDS
dc.subjectQUOTAS
dc.subjectRAPID GROWTH
dc.subjectREAL TIME GROSS SETTLEMENT
dc.subjectREGIONAL INTEGRATION
dc.subjectREGIONAL POWER
dc.subjectREGIONAL TRADE
dc.subjectREGULATOR
dc.subjectREGULATORY AUTHORITIES
dc.subjectREGULATORY ENVIRONMENT
dc.subjectREGULATORY POWERS
dc.subjectRETURNS TO SCALE
dc.subjectRISK MANAGEMENT
dc.subjectSECURITIES
dc.subjectSTRUCTURAL CHANGE
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTAX
dc.subjectTAX RATES
dc.subjectTAX REFORM
dc.subjectTECHNOLOGICAL ADVANCES
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTERMS OF TRADE
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL OUTPUT
dc.subjectTRADE BARRIERS
dc.subjectTRADE LIBERALIZATION
dc.subjectTRADE POLICY
dc.subjectTRADE RELATIONS
dc.subjectTRADEOFFS
dc.subjectTRANSPARENCY
dc.subjectVOLATILITY
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.subjectWORLD ECONOMY
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.titleLocal Gains from Global Opportunities : Improving Central America's Investment Climateen
dspace.entity.typePublication
okr.date.disclosure2012-05-09
okr.date.doiregistration2025-05-07T12:13:22.185019Z
okr.doctypeEconomic & Sector Work::Investment Climate Assessment (ICA)
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2008/09/16262686/local-gains-global-opportunities-improving-central-americas-investment-climate
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeEnvironment and Natural Resources
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid692421468235453958
okr.identifier.externaldocumentum000333037_20120509234134
okr.identifier.internaldocumentum16262686
okr.identifier.report51513
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/05/09/000333037_20120509234134/Rendered/PDF/515130ESW0P1070A0Masterfile0Sept015.pdfen
okr.region.administrativeLatin America & Caribbean
okr.sectorGeneral transportation sector
okr.sectorGeneral public administration sector
okr.sectorGeneral industry and trade sector
okr.sectorGeneral finance sector
okr.sectorGeneral energy sector
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPrivate Sector Development::Emerging Markets
okr.topicEconomic Theory and Research
okr.topicEnvironmental Economics and Policies
okr.topicGovernance::Governance Indicators
okr.topicMacroeconomics and Economic Growth
okr.topicEnvironment
okr.unitFinance & Private Sector (LCSPF)
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