Procyclicality of Financial Systems in Asia

Rennhack, R.; Offerdal, E.

Opportunities for growth and investment in Central America could well improve in the coming years, as the region's ties with the world economy grow closer. This integration, however, also presents important challenges for economic policy to ensure that growth can be sustained and can benefit the poor. This book stresses the importance of keeping fiscal policy on a sustainable path, strengthening public investment in basic infrastructure and primary health care and primary and secondary education, and managing the risks associated with partial dollarization.

Details

Published by: Palgrave Macmillan

Publication Date: 2004-08-24

Format: Hardcover

ISBN-13: 9781403936523

DOI: 10.1057/9780230379596

Dimensions: 216cm x140cm

Pages: 221