Honduras : Investment Climate Assessment, Volume 1. Executive Summary
The 21st century reality is that Honduras does not compete only with its Central American and Latin neighbors. Thanks to the ongoing Central American Free Trade Agreements (CAFTA) negotiations, the country will have the opportunity to accelerate th...
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| Format: | Investment Climate Assessment (ICA) |
| Language: | English en_US |
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Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2004/11/6316511/honduras-investment-climate-assessment-vol-1-2-executive-summary http://hdl.handle.net/10986/14415 |
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okr-10986-14415 |
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oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ANTIDUMPING ANTIDUMPING ACTIONS AVERAGE COSTS BASE YEAR BENCHMARK BUSINESS SERVICES CAPITAL INCREASE CAPITAL STOCK COMMODITIES CONSTANT MARGINAL COSTS CONSUMPTION EXPENDITURES CONSUMPTION GOODS CONTRACT ENFORCEMENT CURRENT ACCOUNT CURRENT ACCOUNT SURPLUS DEMAND CURVE DEVELOPMENT AGENDA DEVELOPMENT ECONOMICS DIVIDENDS DOMESTIC FIRMS DOMESTIC SUPPORT ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC THEORY TARIFFS EQUILIBRIUM EXPENDITURES EXPORT MARKETS EXPORT PRICE EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT TAX EXPORTS EXTERNALITIES EXTERNALITY FACTOR ENDOWMENTS FACTOR SHARES FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN GOODS FOREIGN INVESTORS FREE TRADE FREE TRADE IN GOODS GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELING GLOBAL FREE TRADE GLOBAL TRADE GLOBAL TRADE ANALYSIS GROWTH RATE IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT BARRIERS IMPORT PRICES IMPROVED MARKET ACCESS INCOME INCOME DISTRIBUTION INCREASED COMPETITION INCREASING RETURNS INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CLIMATE JOINT VENTURES LIBERALIZATION OF TRADE MANUFACTURING SECTORS MARGINAL COST MARKET ACCESS MONOPOLISTIC COMPETITION OPENNESS OPTIMIZATION PER CAPITA INCOME POLICY CHANGES POLICY IMPLICATIONS POOR COUNTRIES POVERTY REDUCTION PRICE INDEX PRIMARY FACTORS PRIMARY FACTORS OF PRODUCTION PROCESS OF ADJUSTMENT PRODUCT DIFFERENTIATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY REDUCTION OF BARRIERS REGULATORY BARRIERS RETURN ON CAPITAL SERVICE SECTOR SERVICES LIBERALIZATION TARIFF BARRIERS TARIFF CUTS TARIFF RATES TARIFF REDUCTION TARIFF REDUCTIONS TAX RATES TOTAL FACTOR PRODUCTIVITY TRADE IN SERVICES TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRANSITION PERIOD TRANSPORTATION SERVICES UNEMPLOYMENT UNSKILLED LABOR WELFARE GAINS WORLD MARKETS WORLD PRICES |
| spellingShingle |
ANTIDUMPING ANTIDUMPING ACTIONS AVERAGE COSTS BASE YEAR BENCHMARK BUSINESS SERVICES CAPITAL INCREASE CAPITAL STOCK COMMODITIES CONSTANT MARGINAL COSTS CONSUMPTION EXPENDITURES CONSUMPTION GOODS CONTRACT ENFORCEMENT CURRENT ACCOUNT CURRENT ACCOUNT SURPLUS DEMAND CURVE DEVELOPMENT AGENDA DEVELOPMENT ECONOMICS DIVIDENDS DOMESTIC FIRMS DOMESTIC SUPPORT ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC THEORY TARIFFS EQUILIBRIUM EXPENDITURES EXPORT MARKETS EXPORT PRICE EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT TAX EXPORTS EXTERNALITIES EXTERNALITY FACTOR ENDOWMENTS FACTOR SHARES FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN GOODS FOREIGN INVESTORS FREE TRADE FREE TRADE IN GOODS GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELING GLOBAL FREE TRADE GLOBAL TRADE GLOBAL TRADE ANALYSIS GROWTH RATE IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT BARRIERS IMPORT PRICES IMPROVED MARKET ACCESS INCOME INCOME DISTRIBUTION INCREASED COMPETITION INCREASING RETURNS INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CLIMATE JOINT VENTURES LIBERALIZATION OF TRADE MANUFACTURING SECTORS MARGINAL COST MARKET ACCESS MONOPOLISTIC COMPETITION OPENNESS OPTIMIZATION PER CAPITA INCOME POLICY CHANGES POLICY IMPLICATIONS POOR COUNTRIES POVERTY REDUCTION PRICE INDEX PRIMARY FACTORS PRIMARY FACTORS OF PRODUCTION PROCESS OF ADJUSTMENT PRODUCT DIFFERENTIATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY REDUCTION OF BARRIERS REGULATORY BARRIERS RETURN ON CAPITAL SERVICE SECTOR SERVICES LIBERALIZATION TARIFF BARRIERS TARIFF CUTS TARIFF RATES TARIFF REDUCTION TARIFF REDUCTIONS TAX RATES TOTAL FACTOR PRODUCTIVITY TRADE IN SERVICES TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRANSITION PERIOD TRANSPORTATION SERVICES UNEMPLOYMENT UNSKILLED LABOR WELFARE GAINS WORLD MARKETS WORLD PRICES World Bank Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| geographic_facet |
Latin America & Caribbean Honduras |
| description |
The 21st century reality is that
Honduras does not compete only with its Central American and
Latin neighbors. Thanks to the ongoing Central American Free
Trade Agreements (CAFTA) negotiations, the country will have
the opportunity to accelerate the pace of its integration
into the global economy. Improving the investment climate is
essential for Honduras to take advantage of the
opportunities provided by CAFTA, attract foreign investment,
diversify exports and increase growth. This report
identifies the critical constraints on private sector
productivity and growth in Honduras, and provides policy
recommendations for addressing them, including a summary of
the Government's ongoing and planned initiatives and
some additional suggestions. The diagnostic is based on the
results of a survey of a stratified sample of 450 Honduran
manufacturing firms. The report focuses on four key areas of
the investment climate: (1) governance, (2) infrastructure,
(3) innovation, quality certification and labor skills; and
(4) finance. Overall results of the ICS and of an
econometric analysis based on the results of the survey show
that bottlenecks in all four investment climate variables
increase Honduran firms' costs of doing business and
reduce their productivity. The first chapter presents on
overview of the structure of the Honduran economy, while
each of the other four chapters analyzes the findings of the
Investment Climate Survey and provides policy
recommendations in one of the four areas of the investment
climate. Constant Government progress to reduce constraints
on economic growth, as well as firms' dynamic pursuit
of new markets and innovation, are both essential in order
for the country to take advantage of the opportunities
offered by the new trade agreements, improve growth, and
fulfill social expectations. Improving the investment
climate in Honduras will require cross sector strategies and
actions geared towards aligning economic policy, public
management, infrastructure, technology, foreign direct
investment (FDI), innovation, training and finance policies. |
| format |
Economic & Sector Work :: Investment Climate Assessment (ICA) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| title_short |
Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| title_full |
Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| title_fullStr |
Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| title_full_unstemmed |
Honduras : Investment Climate Assessment, Volume 1. Executive Summary |
| title_sort |
honduras : investment climate assessment, volume 1. executive summary |
| publisher |
Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2004/11/6316511/honduras-investment-climate-assessment-vol-1-2-executive-summary http://hdl.handle.net/10986/14415 |
| _version_ |
1764429054843289600 |
| spelling |
okr-10986-144152021-04-23T14:03:18Z Honduras : Investment Climate Assessment, Volume 1. Executive Summary World Bank ANTIDUMPING ANTIDUMPING ACTIONS AVERAGE COSTS BASE YEAR BENCHMARK BUSINESS SERVICES CAPITAL INCREASE CAPITAL STOCK COMMODITIES CONSTANT MARGINAL COSTS CONSUMPTION EXPENDITURES CONSUMPTION GOODS CONTRACT ENFORCEMENT CURRENT ACCOUNT CURRENT ACCOUNT SURPLUS DEMAND CURVE DEVELOPMENT AGENDA DEVELOPMENT ECONOMICS DIVIDENDS DOMESTIC FIRMS DOMESTIC SUPPORT ECONOMIC GROWTH ECONOMIC IMPLICATIONS ECONOMIC PERFORMANCE ECONOMIC POLICIES ECONOMIC THEORY TARIFFS EQUILIBRIUM EXPENDITURES EXPORT MARKETS EXPORT PRICE EXPORT SUBSIDIES EXPORT SUBSIDY EXPORT TAX EXPORTS EXTERNALITIES EXTERNALITY FACTOR ENDOWMENTS FACTOR SHARES FOREIGN BANKS FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN GOODS FOREIGN INVESTORS FREE TRADE FREE TRADE IN GOODS GENERAL EQUILIBRIUM MODEL GENERAL EQUILIBRIUM MODELING GLOBAL FREE TRADE GLOBAL TRADE GLOBAL TRADE ANALYSIS GROWTH RATE IMPACT OF TRADE IMPACT OF TRADE LIBERALIZATION IMPORT BARRIERS IMPORT PRICES IMPROVED MARKET ACCESS INCOME INCOME DISTRIBUTION INCREASED COMPETITION INCREASING RETURNS INTELLECTUAL PROPERTY INTERMEDIATE GOODS INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE INVESTMENT CLIMATE JOINT VENTURES LIBERALIZATION OF TRADE MANUFACTURING SECTORS MARGINAL COST MARKET ACCESS MONOPOLISTIC COMPETITION OPENNESS OPTIMIZATION PER CAPITA INCOME POLICY CHANGES POLICY IMPLICATIONS POOR COUNTRIES POVERTY REDUCTION PRICE INDEX PRIMARY FACTORS PRIMARY FACTORS OF PRODUCTION PROCESS OF ADJUSTMENT PRODUCT DIFFERENTIATION PRODUCTIVITY PRODUCTIVITY GROWTH PROFITABILITY REDUCTION OF BARRIERS REGULATORY BARRIERS RETURN ON CAPITAL SERVICE SECTOR SERVICES LIBERALIZATION TARIFF BARRIERS TARIFF CUTS TARIFF RATES TARIFF REDUCTION TARIFF REDUCTIONS TAX RATES TOTAL FACTOR PRODUCTIVITY TRADE IN SERVICES TRADE LIBERALIZATION TRADE POLICY TRADE REFORMS TRANSITION PERIOD TRANSPORTATION SERVICES UNEMPLOYMENT UNSKILLED LABOR WELFARE GAINS WORLD MARKETS WORLD PRICES The 21st century reality is that Honduras does not compete only with its Central American and Latin neighbors. Thanks to the ongoing Central American Free Trade Agreements (CAFTA) negotiations, the country will have the opportunity to accelerate the pace of its integration into the global economy. Improving the investment climate is essential for Honduras to take advantage of the opportunities provided by CAFTA, attract foreign investment, diversify exports and increase growth. This report identifies the critical constraints on private sector productivity and growth in Honduras, and provides policy recommendations for addressing them, including a summary of the Government's ongoing and planned initiatives and some additional suggestions. The diagnostic is based on the results of a survey of a stratified sample of 450 Honduran manufacturing firms. The report focuses on four key areas of the investment climate: (1) governance, (2) infrastructure, (3) innovation, quality certification and labor skills; and (4) finance. Overall results of the ICS and of an econometric analysis based on the results of the survey show that bottlenecks in all four investment climate variables increase Honduran firms' costs of doing business and reduce their productivity. The first chapter presents on overview of the structure of the Honduran economy, while each of the other four chapters analyzes the findings of the Investment Climate Survey and provides policy recommendations in one of the four areas of the investment climate. Constant Government progress to reduce constraints on economic growth, as well as firms' dynamic pursuit of new markets and innovation, are both essential in order for the country to take advantage of the opportunities offered by the new trade agreements, improve growth, and fulfill social expectations. Improving the investment climate in Honduras will require cross sector strategies and actions geared towards aligning economic policy, public management, infrastructure, technology, foreign direct investment (FDI), innovation, training and finance policies. 2013-07-09T16:04:27Z 2013-07-09T16:04:27Z 2004-11-27 http://documents.worldbank.org/curated/en/2004/11/6316511/honduras-investment-climate-assessment-vol-1-2-executive-summary http://hdl.handle.net/10986/14415 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC Economic & Sector Work :: Investment Climate Assessment (ICA) Economic & Sector Work Latin America & Caribbean Honduras |