Download or read book The Macroeconomy of Central America written by R. Rennhack and published by Springer. This book was released on 2004-08-24 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.