Nicaragua: Selected Issues

Author: International Monetary Fund

Volume/Issue: Volume 2006 Issue 173

Publication date: May 2006

ISBN: 9781451829273

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Exports and Imports , Labor , Economics- Macroeconomics , Taxation - General , ISCR , CR , wage , Nicaragua , central bank , CAFTA , exchange rate , reference table , reference salary table , wage bill , trade openness , CAFTA-DR member , Employment , Public employment , Public sector , Civil service , Wages , Central America , Caribbean

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Summary

This Selected Issues paper for Nicaragua reports that the Central America–Dominican Republic-United States Free Trade Agreement (CAFTA-DR) provides a general framework for country-specific bilateral agreements. In addition to the phased liberalization of trade in goods, CAFTA-DR provides broad market access for services and includes provisions in areas such as intellectual property rights, investment, government procurement, and competition policies. Labor provisions are slightly tighter than under other similar agreements by offering a platform to examine the quality of existing legislation, rather than only ensuring its implementation.