实现小发展中国家的持续经济增长：伯利兹入门.pdfVIP

TowardsAchievingSustained

EconomicGrowthinSmallDeveloping

States:APrimeronBelize

ZiadAmer,JiajiaGu,MetodijHadzi-Vaskov,BunyadaLaoprapassorn,ShaneLowe

WP/26/41

IMFWorkingPapersdescriberesearchin

progressbytheauthor(s)andarepublishedto

elicitcommentsandtoencouragedebate.

TheviewsexpressedinIMFWorkingPapersare

thoseoftheauthor(s)anddonotnecessarily

representtheviewsoftheIMF,itsExecutiveBoard,

orIMFmanagement.

2026

MAR

©2026InternationalMonetaryFundWP/26/41

IMFWorkingPaper

WesternHemisphereDepartment

TowardsAchievingSustainedEconomicGrowthinSmallDevelopingStates:APrimeronBelize

PreparedbyZiadAmer,JiajiaGu,MetodijHadzi-Vaskov,BunyadaLaoprapassorn,ShaneLowe*

AuthorizedfordistributionbyDoraIakova

March2026

IMFWorkingPapersdescriberesearchinprogressbytheauthor(s)andarepublishedtoelicit

commentsandtoencouragedebate.TheviewsexpressedinIMFWorkingPapersarethoseofthe

author(s)anddonotnecessarilyrepresenttheviewsoftheIMF,itsExecutiveBoard,orIMFmanagement.

ABSTRACT:Thesmalldevelopingstates(SDS)haveuniqueeconomiccharacteristicsandfacespecific

constraintsthatshapetheireconomicperformance.WestudyasetofkeychallengesfacingSDSusingthe

caseofBelize.Theempiricalanalysiscenterson(i)improvingaccesstofinance;(ii)exploringdriversoflabor

forceparticipationwithaviewtoincreasingthelaborforcecontributiontogrowth;and(iii)assessingthe

tourismsector’scapacityconstraints,andarrivesatthefollowingfindings.First,itshowsthatbothdemandand

supplyfactorscontributetoconstr