El Salvador Selected Issues: Background Notes

This Selected Issues paper presents background notes on El Salvador’s economic growth, national savings, and implications of the Central American Free-Trade Agreement with the United States (CAFTA). The paper describes possible factors behind sluggish growth in El Salvador in recent years, and sugge...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper presents background notes on El Salvador’s economic growth, national savings, and implications of the Central American Free-Trade Agreement with the United States (CAFTA). The paper describes possible factors behind sluggish growth in El Salvador in recent years, and suggests that the medium-term growth outlook hinges on further structural reforms, including steps to improve competitiveness and further strengthen the public finances. The paper also highlights the factors behind the sharp decline in domestic savings in recent years, suggesting a possible Dutch-disease phenomenon
Physical Description:17 pages
ISBN:9781451834741