Guatemala Economic DNA : Harnessing Growth with a Special Focus on Jobs

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dc.creatorWorld Bank Group
dc.date2014-10-09T14:31:25Z
dc.date2014-10-09T14:31:25Z
dc.date2014-08
dc.date.accessioned2026-07-01T00:51:54Z
dc.descriptionThis is the first edition of the of the Guatemala Economic DNA (Diagnostic for National Action) with a focus section on job creation. The report highlights the important achievements of Guatemala on the macroeconomic stability front. It also argues that these achievements will need to be secured and makes the case for an increased focus on accelerating economic growth. For example, this edition highlights that in 2013 the country's economic activity expanded by 3.7 percent in 2013, and is projected to grow around 3.6 percent in the near-term, in line with the growth of Central American economies but below the growth rate in emerging markets. Meanwhile, inflation has been managed and the authorities deserve to be recognized for their commitment to maintain macroeconomic stability. Guatemala's economy has recovered at a modest but consistent pace since the global financial crisis of 2008-09. Guatemala's macroeconomic resilience is due to prudent macroeconomic policies and a more diversified economy in comparison to other Central American countries, which has helped cushion the impact of shocks. Accelerating growth can substantially reduce poverty in Guatemala, but this will require improvements in economy-wide productivity. Public investment is essential to achieving Guatemala's development goals, yet it remains tightly constrained by a lack of resources, and the government continues to collect the lowest share of public revenues in the world relative to the size of its economy. This report, underscores the extent to which structural constraints on enterprise development slow hiring rates, discourage technology transfer, and promote informality. Several cross-cutting factors are also closely correlated with job creation in Guatemala, including financial depth, exposure to corruption, and informality. Strengthening the rule of law and streamlining regulatory systems will be essential to facilitating firm growth, fostering greater competitiveness, and boosting the returns to both labor and capital.
dc.descriptionLa economía de Guatemala se ha recuperado a un ritmo modesto pero constante desde la crisis financiera mundial de 2008-09. La resistencia macroeconómica de Guatemala se debe a las políticas prudentes y una economía más diversificada en comparación con otros países de Centroamérica, lo que ha ayudado a amortiguar el impacto de los choques. Esta primera edición del ADN Económico de Guatemala reúne los logros importantes del país en lo relacionado a la estabilidad macroeconómica. Revisa los desarrollos recientes de la economía de Guatemala, reflexiona sobre las perspectivas económicas futuras y analiza un tema de interés para el desarrollo nacional, el empleo. Este tema es particularmente relevante en Guatemala ya que, a pesar de que la economía creció de forma continua durante la última década, el país creó menos empleos que otros países con el mismo nivel de ingresos.
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dc.identifierhttp://documents.worldbank.org/curated/en/2014/08/20191048/guatemala-economic-dna-harnessing-growth-special-focus-jobs
dc.identifierhttps://hdl.handle.net/10986/20400
dc.identifierhttps://doi.org/10.1596/20400
dc.identifier.urihttp://hdl.handle.net/123456789/412142
dc.languageEnglish
dc.languageen_US
dc.publisherGuatemala
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURE
dc.subjectAVERAGE COSTS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK BRANCHES
dc.subjectBANK LENDING
dc.subjectBASIS POINT
dc.subjectBASIS POINTS
dc.subjectBOND
dc.subjectBOND ISSUANCES
dc.subjectBUDGET DEFICIT
dc.subjectBUSINESS CLIMATE
dc.subjectCAPITAL FORMATION
dc.subjectCAPITAL STOCK
dc.subjectCENTRAL BANK
dc.subjectCENTRAL GOVERNMENT DEBT
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONSUMER CREDIT
dc.subjectCONSUMER GOODS
dc.subjectCREDIT ACCESS
dc.subjectCREDIT CARDS
dc.subjectCREDIT CONSTRAINTS
dc.subjectCREDIT GROWTH
dc.subjectCURRENCY
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEBT FINANCING
dc.subjectDEBT MANAGEMENT
dc.subjectDEBT MARKET
dc.subjectDEBT SOURCE
dc.subjectDEMAND FOR CREDIT
dc.subjectDERIVATIVES
dc.subjectDISBURSEMENT
dc.subjectDISBURSEMENTS
dc.subjectDIVIDENDS
dc.subjectDOMESTIC CAPITAL
dc.subjectDOMESTIC CAPITAL MARKETS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC MARKET
dc.subjectDURABLE
dc.subjectDURABLE GOODS
dc.subjectECONOMETRIC ANALYSIS
dc.subjectECONOMIC COMPETITIVENESS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC DEVELOPMENTS
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC OUTLOOK
dc.subjectECONOMIC SECTORS
dc.subjectECONOMIC TRENDS
dc.subjectEMERGING ECONOMIES
dc.subjectEMERGING MARKETS
dc.subjectEMERGING MARKETS DEBT
dc.subjectEQUIPMENT
dc.subjectEXCHANGE RATE
dc.subjectEXCHANGE RATE MOVEMENTS
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURE
dc.subjectEXPENDITURES
dc.subjectEXPORT COMPETITIVENESS
dc.subjectEXPORT MARKETS
dc.subjectEXPORTERS
dc.subjectEXPOSURE
dc.subjectEXTERNAL FINANCING
dc.subjectEXTREME POVERTY
dc.subjectFACTORS OF PRODUCTION
dc.subjectFEDERAL RESERVE
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SECTOR
dc.subjectFINANCIAL SERVICES
dc.subjectFINANCIAL STABILITY
dc.subjectFIRM GROWTH
dc.subjectFISCAL CONSOLIDATION
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL POLICY
dc.subjectFOOD PRICES
dc.subjectFORECASTS
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE MARKET
dc.subjectFOREIGN FIRMS
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN MARKET
dc.subjectFOREIGN MARKETS
dc.subjectFOREIGN TRADE
dc.subjectFRAUD
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectGDP
dc.subjectGLOBAL EXPORT
dc.subjectGLOBAL MARKET
dc.subjectGLOBAL MARKETS
dc.subjectGOVERNMENT BONDS
dc.subjectGOVERNMENT DEBT
dc.subjectGOVERNMENT FINANCES
dc.subjectGOVERNMENT REVENUE
dc.subjectGOVERNMENT REVENUES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHUMAN CAPITAL
dc.subjectHUMAN DEVELOPMENT
dc.subjectIMMUNIZATION
dc.subjectINCOME
dc.subjectINCOME GROWTH
dc.subjectINCOME TAX
dc.subjectINCOME TAXES
dc.subjectINFLATION
dc.subjectINFLATION EXPECTATIONS
dc.subjectINFLATION RATE
dc.subjectINFLATION RATES
dc.subjectINFLATIONARY PRESSURES
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINTEREST PAYMENTS
dc.subjectINTEREST RATE
dc.subjectINTEREST RATE DIFFERENTIAL
dc.subjectINTEREST RATE DIFFERENTIALS
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL FINANCIAL MARKETS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL RESERVES
dc.subjectINVENTORIES
dc.subjectINVESTING
dc.subjectINVESTMENT CLIMATE
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTOR BASE
dc.subjectISSUANCE
dc.subjectJOB CREATION
dc.subjectLABOR MARKET
dc.subjectLABOR MARKETS
dc.subjectLIVING STANDARDS
dc.subjectLOCAL CURRENCY
dc.subjectLONG-TERM INTEREST
dc.subjectLONG-TERM INTEREST RATES
dc.subjectMACROECONOMIC LEVEL
dc.subjectMACROECONOMIC MANAGEMENT
dc.subjectMACROECONOMIC POLICIES
dc.subjectMACROECONOMIC STABILITY
dc.subjectMARKET CONDITIONS
dc.subjectMATURITY
dc.subjectMIDDLE INCOME COUNTRIES
dc.subjectMIDDLE-INCOME COUNTRIES
dc.subjectMONETARY FUND
dc.subjectMONETARY POLICY
dc.subjectMORTGAGE MARKET
dc.subjectNATURAL DISASTERS
dc.subjectNET EXPORTS
dc.subjectNOMINAL INTEREST RATE
dc.subjectNON-PERFORMING LOANS
dc.subjectOFFSHORE FINANCING
dc.subjectOIL PRICE
dc.subjectOIL PRICES
dc.subjectOPEN ECONOMY
dc.subjectOUTSTANDING BANK LOANS
dc.subjectOUTSTANDING LOANS
dc.subjectPER CAPITA INCOMES
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPORTFOLIOS
dc.subjectPOST-CRISIS PERIOD
dc.subjectPRICE CHANGES
dc.subjectPRIVATE CAPITAL
dc.subjectPRIVATE CAPITAL INFLOWS
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCES
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC SAVINGS
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC-PRIVATE PARTNERSHIPS
dc.subjectPURCHASING POWER
dc.subjectRAPID ECONOMIC GROWTH
dc.subjectRATE OF GROWTH
dc.subjectREAL GDP
dc.subjectREGULATORY SYSTEMS
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRESERVES
dc.subjectRESIDENTIAL MORTGAGE
dc.subjectRETURN
dc.subjectRETURNS
dc.subjectRULE OF LAW
dc.subjectSALES GROWTH
dc.subjectSHARE OF CREDIT
dc.subjectSHORT-TERM DEBT
dc.subjectSTOCKS
dc.subjectSUPPLY SHOCKS
dc.subjectTAX
dc.subjectTAX CODE
dc.subjectTAX COLLECTION
dc.subjectTAX COLLECTIONS
dc.subjectTAX CREDIT
dc.subjectTAX EXEMPTIONS
dc.subjectTAX ON CAPITAL GAINS
dc.subjectTAX RATE
dc.subjectTAX RATES
dc.subjectTAX REGIME
dc.subjectTAX REVENUES
dc.subjectTAX STRUCTURE
dc.subjectTAX SYSTEM
dc.subjectTAXATION
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTOTAL DEBT
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTRACK RECORD
dc.subjectTRADE BALANCE
dc.subjectTRADE TAXES
dc.subjectTRADING
dc.subjectTREASURY
dc.subjectTREASURY BONDS
dc.subjectUNEMPLOYMENT
dc.subjectUNEMPLOYMENT RATE
dc.subjectUNEMPLOYMENT RATES
dc.subjectVALUE ADDED
dc.subjectVOLATILITY
dc.subjectWAGE RATES
dc.subjectWAGES
dc.subjectWEALTH
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleGuatemala Economic DNA : Harnessing Growth with a Special Focus on Jobs
dc.titleADN económico de Guatemala : capturando crecimiento con una sección de enfoque sobre empleo
dc.titleAnalisis para el dialogo nacional (ADN) economico de Guatemala : capturando crecimiento con una seccion de enfoque sobre empleo
dc.titleAnalisis para el dialogo nacional (ADN) economico de Guatemala : capturando crecimiento con una seccion de enfoque sobre empleo

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