IDEAS home Printed from https://ideas.repec.org/p/epo/papers/2009-42.html
   My bibliography  Save this paper

Honduras: Recent Economic Performance

Author

Listed:
  • Jose Antonio Cordero

Abstract

This paper looks at the Honduran economy, including longer-term trends, the pre-crisis years, and recent developments since the June 28th coup. It finds that poverty and inequality decreased significantly during the Zelaya administration, with rapid growth of more than 6 percent during the first two years. The government also increased school enrollment significantly by abolishing school fees, expanded school lunch programs, and raised the minimum wage by 60 percent. Some expansionary monetary policy was used to counter-act the global downturn in 2008. The paper finds that more recently, the Honduran economy has become especially vulnerable to the combined impacts of the world recession and the political crisis that has followed the military coup of June 28, 2009.

Suggested Citation

  • Jose Antonio Cordero, 2009. "Honduras: Recent Economic Performance," CEPR Reports and Issue Briefs 2009-42, Center for Economic and Policy Research (CEPR).
  • Handle: RePEc:epo:papers:2009-42
    as

    Download full text from publisher

    File URL: http://www.cepr.net/documents/publications/honduras-2009-11.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Gindling, T.H. & Terrell, Katherine, 2010. "Minimum Wages, Globalization, and Poverty in Honduras," World Development, Elsevier, vol. 38(6), pages 908-918, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cruces Guillermo & Fields Gary S. & Jaume David & Viollaz Mariana, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Honduras country study," WIDER Working Paper Series 078, World Institute for Development Economic Research (UNU-WIDER).
    2. repec:eee:wdevel:v:102:y:2018:i:c:p:135-157 is not listed on IDEAS

    More about this item

    Keywords

    Honduras; Zelaya; Latin America; Central America;

    JEL classification:

    • I - Health, Education, and Welfare
    • I1 - Health, Education, and Welfare - - Health
    • I2 - Health, Education, and Welfare - - Education
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • O - Economic Development, Innovation, Technological Change, and Growth
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:epo:papers:2009-42. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/ceprdus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.