With data from the World Bank Enterprise Survey, this paper examines how firm-level resilience capabilities interact with government support in the reduction of lay-offs among formal firms in Central America. We estimate two latent variables to approximate resilience-related capabilities before...

This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in five Central American countries; Costa Rica, El Salvador, Honduras, Nicaragua, and Panama for the period 1970-2016. It estimates the effects of a change in the wage share on...

Remittances are an important source of external resources for developing countries. These transfers may increase the levels of consumption and capital formation in these economies. This paper examines the economic impact of international remittances on different import categories. A panel VAR...

La pandemia de COVID-19 ha provocado fuertes efectos en la salud pública y ha tenido profundas implicaciones en los ámbitos económico y social. Las medidas de confinamiento, distanciamiento físico y suspensión de actividades no esenciales han sido efectivas para frenar la propagación de la...

La pandemia de COVID-19 ha desnudado nuestras fragilidades y constituye un hecho global que ha revelado la insostenibilidad de un estilo de desarrollo sustentado en la profundización de las desigualdades, la extensión de la precariedad de la reproducción social, la destrucción ambiental y el...

Remittances are an important source of external resources for developing countries. These transfers may increase the levels of consumption and capital formation in these economies. This paper examines the economic impact of international remittances on different import categories. A panel VAR...

This paper analyzes the relationship between functional income distribution aggregate demand and economic growth in five Central American countries; Costa Rica, El Salvador, Honduras, Nicaragua, and Panama for the period 1970-2016. It estimates the effects of a change in the wage share on...

Esta coedición reporta el trabajo realizado por el equipo técnico de CEPAL con el GTCCGIR de CAC/SICA y el apoyo técnico de CCAFS/CIAT y científicos de la región. Está enfocada en generar datos útiles en función de los escenarios del IPCC AR5. Su objetivo es divulgar información e...

Although El Salvador's modest pace of growth has reduced poverty and inequality in recent years, it has not been sufficient to move the country toward the income levels of wealthier economies. The objective of this study is to investigate the drivers and constraints of growth and productivity in...

Panama's growth model is at crossroads and the country must be prepared for the new growth model. The objective of this study is to investigate the drivers and constraints of growth and productivity in Panama and explore areas with high growth potential. The value added of the study is to...

Despite advances in the growth reform agenda in the last decade, Honduras remains the second-poorest country in Central America, with one of the lowest growth rates in income per capita. The objective of this study is to investigate the drivers and constraints of growth and productivity in...

The Alkire and Foster (2011) methodology, as the mainstream approach to the measurement of multi-dimensional poverty in the developing world, is insensitive to inequality among the multidimensionally poor individuals and does not consider simultaneously the concepts of efficiency and...

El Salvador, Honduras and Guatemala count among today's most violent countries of the world. Qualitative research has claimed that large-scale deportations of Central American convicts have played an important role for the spread of gangs and rampant violence in the region. Using a novel...

El mundo está ante la encrucijada de avanzar hacia soluciones serias e inmediatas a los grandes problemas que enfrenta o seguir la tendencia en curso hacia una importante crisis social y ambiental.En este libro se señala que, al mismo tiempo que enfrentan desafíos en materia de pobreza,...

El Salvador, Honduras and Guatemala count among today's most violent countries of the world. Qualitative research has claimed that large-scale deportations of Central American convicts have played an important role for the spread of gangs and rampant violence in the region. Using a novel...

The Alkire and Foster (2011) methodology, as the mainstream approach to the measurement of multi-dimensional poverty in the developing world, is insensitive to inequality among the multidimensionally poor individuals and does not consider simultaneously the concepts of efficiency and...

Central American countries spend approximately one percent of their aggregate gross domestic product subsidizing residential electricity consumption. This amount is comparable with what these countries spend on education and social assistance. The pressure that electricity subsidies exert on...

This paper examines the post-reform economic growth in three Central American economies - Costa Rica, El Salvador, and Panama. From 1995 to 2015, each economy witnessed phenomenal shifts in labor market participation and occupational distribution of women. If the innate talent for a job did not...

A recent surge in child migration to the U.S. from Honduras, El Salvador, and Guatemala has occurred in the context of high rates of regional violence. But little quantitative evidence exists on the causal relationship between violence and international emigration in this or any other region....

In this study we develop an evidence-based tool to help to guide policy and investment choices, to maximize developmental returns from tourism. Specifically, we develop a tourism-extended social accounting matrix and computable general equilibrium and microsimulation models customized for...