Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua
Nicaragua is making progress towards the Millennium Development Goals, but is set to miss a number of targets in 2015. This paper’s general equilibrium analysis shows that it is unfeasible for the government to step up spending in order to meet these targets by the 2015 deadline. Any boost to public...
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oai-11362-388342020-03-06T16:50:27Z Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua Sánchez Cantillo, Marco Vinicio CONDICIONES ECONOMICAS MACROECONOMIA DESARROLLO HUMANO DESARROLLO ECONOMICO OBJETIVOS DE DESARROLLO DEL MILENIO INDICADORES DEL DESARROLLO ECONOMIC CONDITIONS MACROECONOMICS HUMAN DEVELOPMENT ECONOMIC DEVELOPMENT MILLENNIUM DEVELOPMENT GOALS DEVELOPMENT INDICATORS Nicaragua is making progress towards the Millennium Development Goals, but is set to miss a number of targets in 2015. This paper’s general equilibrium analysis shows that it is unfeasible for the government to step up spending in order to meet these targets by the 2015 deadline. Any boost to public spending and financing would have to be front-loaded, which would entail pernicious macroeconomic trade-offs. A more realistic scenario would be to postpone meeting the goals until 2020. In that case, the allocation of public spending would spur economic growth without causing macroeconomic hardships, although the country would nevertheless remain highly vulnerable to external shocks. 2015-08-11T22:28:03Z 2015-08-11T22:28:03Z 2015-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/38834 LC/G.2636-P 5 en CEPAL Review CEPAL Review 115 .pdf application/pdf NICARAGUA NICARAGUA |
institution |
Cepal |
collection |
Cepal |
language |
English |
topic |
CONDICIONES ECONOMICAS MACROECONOMIA DESARROLLO HUMANO DESARROLLO ECONOMICO OBJETIVOS DE DESARROLLO DEL MILENIO INDICADORES DEL DESARROLLO ECONOMIC CONDITIONS MACROECONOMICS HUMAN DEVELOPMENT ECONOMIC DEVELOPMENT MILLENNIUM DEVELOPMENT GOALS DEVELOPMENT INDICATORS |
spellingShingle |
CONDICIONES ECONOMICAS MACROECONOMIA DESARROLLO HUMANO DESARROLLO ECONOMICO OBJETIVOS DE DESARROLLO DEL MILENIO INDICADORES DEL DESARROLLO ECONOMIC CONDITIONS MACROECONOMICS HUMAN DEVELOPMENT ECONOMIC DEVELOPMENT MILLENNIUM DEVELOPMENT GOALS DEVELOPMENT INDICATORS Sánchez Cantillo, Marco Vinicio Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
description |
Nicaragua is making progress towards the Millennium Development Goals, but is set to miss a number of targets in 2015. This paper’s general equilibrium analysis shows that it is unfeasible for the government to step up spending in order to meet these targets by the 2015 deadline. Any boost to public spending and financing would have to be front-loaded, which would entail pernicious macroeconomic trade-offs. A more realistic scenario would be to postpone meeting the goals until 2020. In that case, the allocation of public spending would spur economic growth without causing macroeconomic hardships, although the country would nevertheless remain highly vulnerable to external shocks. |
format |
Texto |
author |
Sánchez Cantillo, Marco Vinicio |
author_facet |
Sánchez Cantillo, Marco Vinicio |
author_sort |
Sánchez Cantillo, Marco Vinicio |
title |
Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
title_short |
Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
title_full |
Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
title_fullStr |
Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
title_full_unstemmed |
Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua |
title_sort |
macroeconomic trade-offs and external vulnerabilities of human development in nicaragua |
publishDate |
2015 |
url |
http://hdl.handle.net/11362/38834 |
work_keys_str_mv |
AT sanchezcantillomarcovinicio macroeconomictradeoffsandexternalvulnerabilitiesofhumandevelopmentinnicaragua |
_version_ |
1718439397959925760 |