Macroeconomic trade-offs and external vulnerabilities of human development in Nicaragua
Nicaragua's progress towards Millennium Development Goals is insufficient to meet all targets by 2015, especially in primary education completion, sanitation, and maternal mortality. Additional public spending and foreign borrowing are needed but pose macroeconomic trade-offs.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Marco V. Sánchez Cantillo, Sánchez Cantillo, Marco Vinicio |
| Geographic focus: | Nicaragua |
| Page count: | páginas. 81-10 |
Methods
The research used a Computable General Equilibrium model called Maquette for MDG Simulations (MAMS) and non-parametric microsimulation based on household survey data. It analyzed the impact of increased public spending and external shocks on achieving MDGs and economic growth.
(Generated with the help of GPT-4)
Key Insights
Nicaragua's pursuit of Millennium Development Goals (MDGs) is challenged by high poverty and external vulnerabilities. Despite progress, the country will miss several 2015 targets. Realistic scenarios extend the timeline to 2020, requiring substantial public spending and careful financing strategies to avoid economic setbacks.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | Nicaragua geographic scope | development indicators | economic conditions | economic development | human development | macroeconomics | millennium development goals | nicaragua