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Intro -- Contents -- Preface -- Chapter 1 -- Elusive Prosperity: Rights, Emigration, and Displacement in Honduras -- Abstract -- Introduction -- Basic Elements of the Human Rights-Based Approach -- Objectives, Content and Scope of the PAP -- Relevance: Emigration or Forced Displacement? -- Correspondence between the PAP and the Causes of Human Mobility -- An Insufficient Approach: Violence, Institutional Weakness, and Corruption -- Structural Factors Not Considered in the PAP -- Conclusion -- References -- Chapter 2 -- Agricultural Modernization in Honduras -- Abstract -- Introduction -- Agricultural Modernization -- The Agricultural Sector's Path to Modernization -- The Outcome -- Becoming More Vulnerable -- The Need for Reflexivity -- Conclusion -- References -- Chapter 3 -- Agricultural Competitiveness, Sustainable Landscapes and Markets: Challenges for Honduran Agricultural Value Chains -- Abstract -- Introduction -- The Changing Agricultural Landscape -- Agricultural Competitiveness and the Challenge of Sustainability -- Conclusion -- References -- Index -- Blank Page -- Blank Page.

Cover -- CONTENTS -- BENCHMARKING SOCIAL SPENDING USING EFFICIENCY FRONTIERS -- A. Background -- B. Benchmarking Methodology -- C. Empirical Results -- D. Implications and Policy Recommendations -- References -- FIGURES -- 1. Public Spending Cross-country Comparisons -- 2. Technical and Allocative -- 3. Benchmarking Education Spending -- 4. Benchmarking Health Spending -- 5. Selected Inputs and Outputs Comparisons -- CORRUPTION, VIOLENCE, AND ECONOMIC GROWTH -- A. Introduction -- B. Theoretical Considerations -- C. Recent Developments -- D. Empirical Results and Model Simulations -- References -- FIGURES -- 1. History of Crime and Corruption in Central America -- 2. High Levels of Corruption Are Associated with… -- MACROECONOMIC IMPACT OF LOWER OIL PRICES IN HONDURAS -- A. Introduction -- B. Methodology -- C. Results -- D. Conclusion -- References -- FIGURES -- 1. Oil Imports and Current Account Balance -- 2. Impulse Response Functions to Structural Shocks -- 3. Impulse Response Functions of Quarter-On-Quarter GDP Growth To Three Structural Shocks -- 4. Cumulative Medium-Term Effect of Oil Shocks in Central America -- BANKING SECTOR STABILITY IN HONDURAS -- A. Introduction -- B. Structure of the Banking System -- C. Credit Cycle -- D. Balance Sheet Soundness Indicators -- E. Banking Sector Stress Tests -- F. Spillovers from International Banking Sector Stress -- G. Conclusion -- References -- TABLES -- 1. Size and Structure of the Financial System -- 2. Banking Sector Soundness Indicator Map -- 3. Banks Sectoral Allocation of Private Credit and Credit Dollarization -- 4. Central America: Comparative Financial Soundness Indicator Map -- 5. Banks Stress Tests Results -- 6. Summary of Combination Shock Bank Stress Test Results -- 7. Spillovers from International Banking Sector Stress -- FIGURES.

The development has been one of these harmful words that for decades has poisoned society. The development is understood as a goal that all countries must reach an inevitable destiny where reigns the maximization of wealth, promotes individualism over community sense and rapidly destroy our Mother Earth. That development has become a trap that transcends the economic and the political and culturally has taken root in the minds of the population. This paper presents various assessments of the notion of development, highlights the assumptions behind their connotations.Questions the fact that poverty, or poverties, reduction is not enough to copy recipes and models, many of them failed, it is looking for other alternatives, is looking at the world through different eyes; It is to represent Honduras as our own to transform it. In this country lied, oppressed, robbed, abducted and punished for corruption, poverty has continued to grow despite the many interventions called development. Therefore, we need a different way of acting; create a thought that denature the shameful social exclusion suffered by these people, we need a real cognitive justice; study reality in ascending to comprehend and understand; it is necessary to reconsider and analyze assumptions of so many men and women who have loved and served his nation; because talking and do more of it will mean to be faithful witnesses of exclusion and poverty, myths and development ghosts that refuse to disappear in this noble country called Honduras. Economía y Administración (E&A) Vol.6(1) 2015 ; El desarrollo ha sido una de esas palabras nocivas que durante varias décadas ha envenenado a la sociedad. El desarrollo se entiende como una meta que todos los países deben alcanzar, un destino inevitable en donde impera la maximización de la riqueza, se promueve el individualismo por encima del sentido comunitario y se destruye a pasos agigantados nuestra Madre Tierra. Ese desarrollo se ha convertido en una trampa que trasciende lo económico y lo político y se ha arraigado culturalmente en el imaginario de la población. Este trabajo presenta diversas valoraciones de la noción del desarrollo, resalta las premisas que están detrás de sus connotaciones.Cuestiona el hecho de que para reducir la pobreza, o las pobrezas, no basta con copiar recetas y modelos, muchos de ellos fracasados, se trata de buscar otras alternativas posibles, es mirar al mundo con otros ojos; es representar a nuestra Honduras como propia para poder transformarla. En este país mentido, oprimido, robado, castigado y secuestrado por la corrupción, la pobreza no ha parado de crecer a pesar de las múltiples intervenciones del llamado desarrollo. Por ello, necesitamos una manera diferente de actuar; crear un pensamiento que desnaturalice la vergonzosa exclusión social que sufre este pueblo, necesitamos una verdadera justicia cognitiva; estudiar la realidad de forma ascendente para comprender y comprendernos; es necesario retomar y analizar postulados de tantos hombres y mujeres que han amado y servido a su nación; porque hablar y hacer más de lo mismo implicará ser fieles testigos de la exclusión y la pobreza, de los mitos y fantasmas del desarrollo que se niegan a desaparecer en este noble país llamado Honduras.Economía y Administración (E&A) Vol.6(1) 2015

Cover -- CONTENTS -- CONTEXT -- RECENT DEVELOPMENTS, OUTLOOK AND RISKS -- PROGRAM IMPLEMENTATION -- POLICY DISCUSSIONS -- A. Securing the Fiscal Position while Protecting Social Spending -- B. Upgrading the Monetary Policy Regime -- C. Preventing Financial Vulnerabilities -- D. Improving Governance -- PROGRAM MODALITIES -- STAFF APPRAISAL -- FIGURES -- 1. Real Sector Developments -- 2. External Sector Developments -- 3. Financial Sector Developments -- 4. Public Finances -- 5. Labor Market Developments -- 6. Social Conditions -- TABLES -- 1. Selected Economic Indicators -- 2. Statement of Operations of the Central Government -- 3. Statement of Operations of the Nonfinancial Public Sector -- 4. Summary Accounts of the Financial System -- 5. Balance of Payments -- 6. External Financing Needs and Sources -- 7. External Vulnerability Indicators -- 8. Medium-Term Macroeconomic Framework -- 9. Structure and Performance of the Banking Sector -- 10. Disbursements, Purchases, and Timing of Reviews Under the SBA/SCF Arrangements, 2019-21 -- 11. Indicators of Fund Credit, 2019-28 -- 12. Sustainable Development Goals -- ANNEX -- I. Drivers of the Revenue Underperformance in 2019 -- APPENDICES -- I. Letter of Intent -- Attachment I. Memorandum of Economic and Financial Policies -- Attachment II. Technical Memorandum of Understanding.

Cover -- CONTENTS -- STABLE MACROECONOMIC CONDITIONS BUT STILL WEAK INSTITUTIONS AND HIGH POVERTY -- RECENT ECONOMIC DEVELOPMENTS -- POSITIVE OUTLOOK WITH EMERGING DOWNSIDE RISKS -- POLICY DISCUSSIONS -- A. Near-Term Policy Mix to Safeguard Macroeconomic Stability -- B. Resolving Long-Standing Fiscal Issues -- C. Providing a Robust Anchor for Inflation Targeting -- D. Ensuring Financial Stability -- E. Removing Structural Impediments to Bolster Medium-Term Growth -- STATISTICS -- STAFF APPRAISAL -- BOXES -- 1. The Reduction in Crime Since 2013 -- 2. Enhancing Transparency and Public Information Access -- 3. Main Recommendations on Tax Administration -- 4. Stress Test Results -- FIGURES -- 1. Real Sector Developments -- 2. External Sector Developments -- 3. Financial Sector Developments -- 4. Public Finances -- 5. Institutional Factors -- TABLES -- 1. Selected Economic Indicators -- 2. Statement of Operations of the Central Government -- 3. Statement of Operations of the Nonfinancial Public Sector -- 4. Summary Accounts of the Financial System -- 5. Balance of Payments -- 6. External Financing Needs and Sources -- 7. External Vulnerability Indicators -- 8. Medium-Term Macroeconomic Framework -- 9. Structure and Performance of the Banking Sector -- 10. Summary of Stress Tests Results -- ANNEXES -- I. External Sector Assessment -- II. Risk Assessment Matrix -- III. Financial Sector Stability Review Main Recommendations -- IV. Implementation of the 2016 Article IV Key Recommendations -- CONTENTS -- FUND RELATIONS -- RELATIONS WITH THE INTER-AMERICAN DEVELOPMENT BANK -- RELATIONS WITH THE WORLD BANK GROUP -- STATISTICAL ISSUES.

Cover -- CONTENTS -- BACKGROUND, RECENT DEVELOPMENTS, AND OUTLOOK -- PROGRAM IMPLEMENTATION -- POLICY DISCUSSIONS -- A. Fiscal Policy -- B. Social Protection -- C. Monetary and Exchange Rate Policies -- D. Financial Sector -- E. Structural Reforms -- OTHER ISSUES -- STAFF APPRAISAL -- BOXES -- 1. The Fiscal Consolidation in 2014 -- 2. Reforming Hondutel -- FIGURES -- 1. Recent Developments -- 2. External Sector Developments -- 3. Monetary Developments -- 4. Fiscal Developments -- TABLES -- 1. Selected Economic Indicators -- 2. Operations of the Central Government

La Revista Internacional señaló, en su número de agosto de 1973, que la Cruz Roja Hondureña proseguia su acción de distribución de un vaso de leche diario entre los niños cuya alimentatión era insuficiente. Se emprendió tal acción gracias a los donativos de leche en polvo puestos a disposición del CICR por la Confederatión Suiza. Al CICR le es grato participar en la campaña de esa Sociedad nacional, que ha podido asi garantizar, en Tegucigalpa y en diversos puntos del país, la realization de su programa « vaso de leche ».El señor C. du Plessis, delegado regional del CICR, se trasladó, el mes de mayo pasado durante una misión que efectuó en América Central, a un barrio popular de la capital para asistir a una distribución que hacen, congran espíritu de servicio, las Damas voluntarias de la Cruz Roja. Añadamos que el CICR acaba de efectuar otro envío de leche en polvo a la Sociedad nacional para que pueda proseguir esta tan provechosa obra.