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Ten years later, in 2000, it rose from 1 to 4% and by 2010 it had fallen back to 3%, according to the World Bank. The final peace accord in December 1996 left Guatemala well-positioned for rapid economic growth. [23] [citation needed] Guatemala's economy is dominated by the private sector, which generates about 85% of GDP.
[13] [14] However, the positive impact of economic growth on poverty reduction should be taken with a word of caution. While there is a positive GDP growth of 4.5 percent in that same fiscal year in Guatemala, [1] it has done little to reduce poverty. With economic growth bearing no absolute causality on poverty reduction, there is a need for ...
It has responsibility to collect, prepare, and publish official statistics. INE runs the population census and issues statistics on employment, price levels, poverty rates, and other standard national statistics. [2] INE will conduct a population census of Guatemala in July and August 2018, the twelfth such census. [3]
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Mexico Crude oil prices from 1861 to 2011. The Latin American debt crisis (Spanish: Crisis de la deuda latinoamericana; Portuguese: Crise da dívida latino-americana) was a financial crisis that originated in the early 1980s (and for some countries starting in the 1970s), often known as La Década Perdida (The Lost Decade), when Latin American countries reached a point where their foreign debt ...
Guatemala saw an increase in violence in the late 1970s, marked by the 1978 Panzós massacre. In 1982 the resurgent guerrilla groups united in the Guatemalan National Revolutionary Unity . The presidency of Efraín Ríos Montt (1982–1983), during which he implemented a strategy he called "beans and bullets", is widely considered [ by whom ...
Riot police began efforts Tuesday to clear roadblocks by protesters that have paralyzed parts of Guatemala for more than a week, just hours after President Alejandro Giammattei vowed to clear the ...
A previous FBI criminal complaint accused Valladares, who served as Guatemala’s economics minister between 2016-20 in the administration of President Jimmy Morales, of using cocaine profits to ...