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Economy Of Guatemala
The economy of Guatemala is a considered a developing economy, highly dependent on agriculture, particularly on traditional crops such as coffee, sugar, and bananas. Guatemala's GDP per capita is roughly one-third of Brazil's. The Guatemalan economy is the largest in Central America. It grew 3.3 percent on average from 2015 to 2018. However, Guatemala remains one of the poorest countries in Latin America and the Caribbean, having highly unequal incomes and chronically malnourished children. The country is beset by political insecurity, and lacks skilled workers and infrastructure. It depends on remittances for nearly one-tenth of the GDP. The 1996 peace accords ended the 36-years-long Guatemalan Civil War, and removed a major obstacle to foreign investment. Since then Guatemala has pursued important reforms and macroeconomic stabilization. On 1 July 2006, the Central American Free Trade Agreement (CAFTA) entered into force between the United States and Guatemala. It has since ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quetzal (currency)
The quetzal (; ISO 4217, code: GTQ) is the currency of Guatemala, named after the List of national birds, national bird of Guatemala, the resplendent quetzal. In ancient Maya civilization, Mayan culture, the quetzal bird's tail feathers were used as currency. It is divided into 100 ''centavos,'' or ''len'' (plural ''lenes'') in Guatemalan slang. The plural is ''quetzales''. History The quetzal was introduced in 1925 during the term of President José María Orellana, whose image appears on the obverse of the one-quetzal bill. It replaced the Guatemalan peso at the rate of 60 pesos = 1 quetzal. Until 1987, the quetzal was pegged to and domestically equal to the United States dollar. The currency was named after the country's famous bird, the Quetzal, which is also on the flag of Guatemala. Coins In 1925, coins in denominations of 1, 5, 10 centavos, , and 1 quetzal were introduced, although the majority of the 1 quetzal coins were withdrawn from circulation and melted. and 2 cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ease Of Doing Business Index
Ease or EASE may refer to: Computing * Ease (programming language) * Enhanced Acoustic Simulator for Engineers, software for optimizing acoustics Health and medicine * Methylone, marketed briefly in New Zealand as Ease *Examination of Anomalous Self-Experience, to detect self-disorder Other uses * Ease (sewing), the amount of room a garment allows the wearer beyond the measurements of their body * ''Ease'', a 1985 novel by Patrick Gale * EASE/ACCESS, a pair of 1985 space shuttle flight experiments * European Association of Science Editors, a non-profit membership organisation See also * *Easy (other) * At Ease * Usability *Ease-in and ease-out, methods of inbetweening in animation {{disambig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Remittance
A remittance is a non-commercial transfer of money by a foreign worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country or homeland. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. Remittance is more than three times as large as the total global foreign aid. In 2021, $780 billion was sent to 800 million people, while foreign aid totalled $200 billion. Most remittance flows from high-income countries to lower-income countries. Workers' remittances are a significant part of international capital flows, especially with regard to labor-exporting countries. A substantial share of remittance ends up in the hands of banks and money-transfer companies due to fees imposed on money transfers. Governments can play a vital role in enabling migrants to support their families more effectively by implementing measures that help reduce transa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Inequality
In economics, income distribution covers how a country's total GDP is distributed amongst its population. Economic theory and economic policy have long seen income and its distribution as a central concern. Unequal distribution of income causes economic inequality which is a concern in almost all countries around the world. About Classical economists such as Adam Smith (1723–1790), Thomas Malthus (1766–1834), and David Ricardo (1772–1823) concentrated their attention on factor income-distribution, that is, the distribution of income between the primary factors of production (land, labour and capital). Modern economists have also addressed issues of income distribution, but have focused more on the distribution of income across individuals and households. Important theoretical and policy concerns include the balance between income inequality and economic growth, and their often inverse relationship. The Lorenz curve can represent the distribution of income within ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dominican Republic-Central America Free Trade Agreement
Dominican may refer to: Religious communities * Dominican Order, a Catholic order, formally the Order of Preachers * Anglican Order of Preachers, loosely referred to as Dominicans Dominican Republic * Dominican Republic, on the island of Hispaniola in the Greater Antilles, in the Caribbean ** Dominicans ** Demographics of the Dominican Republic ** Culture of the Dominican Republic Dominica * Dominica, an island nation in the Lesser Antilles, in the Caribbean ** Demographics of Dominica ** Culture of Dominica See also * * * Dominican College (other), the name of several colleges * Dominican School of Philosophy and Theology The Dominican School of Philosophy and Theology (DSPT) is a Catholic graduate school in Berkeley, California. It is a member of the interfaith Graduate Theological Union (GTU) and an affiliate of the University of California Berkeley. DSPT ..., Berkeley, California, United States * Dominican University (other) {{disambiguatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based in another country. The magnitude and extent of control, therefore, distinguishes it from a foreign portfolio investment or foreign indirect investment. Foreign direct investment includes expanding operations or purchasing a company in the target country. Definitions Broadly, foreign direct investment includes mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans. In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemalan Civil War
The Guatemalan Civil War was fought from 1960 to 1996 between the government of Guatemala and various Left-wing politics, leftist rebel groups. The Guatemalan government forces committed Guatemalan genocide, genocide against the Maya population of Guatemala during the civil war and there were widespread human rights violations against civilians. The context of the struggle was based on longstanding issues over land distribution. Wealthy Guatemalans, mainly of White Latin Americans#Guatemala, European descent, and foreign companies like the American United Fruit Company had control over much of the land leading to conflicts with the rural, disproportionately indigenous, peasants who worked the land. Democratic elections in 1944 and 1951 which were during the Guatemalan Revolution had brought popular leftist governments to power, who sought to ameliorate working conditions and implement land distribution. A 1954 Guatemalan coup d'état, United States-backed coup d'état in 1954 inst ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemalan Peace Process 1994-1996
Guatemalan may refer to: * Something of, from, or related to the country of Guatemala * A person from Guatemala, or of Guatemalan descent. For information about the Guatemalan people, see Demographics of Guatemala and Culture of Guatemala. For specific persons, see List of Guatemalans. * Note that there is no language called "Guatemalan". See Languages of Guatemala. * Guatemalan cuisine Most traditional foods in Guatemalan cuisine are based on Mayan cuisine, Maya cuisine, with Spanish cuisine, Spanish influence, and prominently feature Maize, corn, Chili pepper, chilies and beans as key ingredients. Guatemala is famously home ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central America
Central America is a subregion of North America. Its political boundaries are defined as bordering Mexico to the north, Colombia to the southeast, the Caribbean to the east, and the Pacific Ocean to the southwest. Central America is usually defined as consisting of seven countries: Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Within Central America is the Mesoamerican biodiversity hotspot, which extends from southern Mexico to southeastern Panama. Due to the presence of several active geologic faults and the Central America Volcanic Arc, there is a high amount of seismic activity in the region, such as volcanic eruptions and earthquakes, which has resulted in death, injury, and property damage. Most of Central America falls under the Isthmo-Colombian cultural area. Before the Spanish expedition of Christopher Columbus' voyages to the Americas, hundreds of indigenous peoples made their homes in the area. From the year 1502 onwards, Spain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gross Domestic Product
Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress. It is often considered to be the world's most powerful statistical indicator of national development and progress. The GDP can be divided by the total population to obtain the average GDP per capita. Total GDP can also be broken down into the contribution of each industry or sector of the economy. Nominal GDP is useful when comparing national economies on the international market according to the exchange rate. To compare economies over time inflation can be adjus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Guatemala
Guatemala, officially the Republic of Guatemala, is a country in Central America. It is bordered to the north and west by Mexico, to the northeast by Belize, to the east by Honduras, and to the southeast by El Salvador. It is hydrologically bordered to the south by the Pacific Ocean and to the northeast by the Gulf of Honduras. The territory of modern Guatemala hosted the core of the Maya civilization, which extended across Mesoamerica; in the 16th century, most of this was Spanish conquest of Guatemala, conquered by the Spanish and claimed as part of the viceroyalty of New Spain. Guatemala attained independence from Spain and Mexico in 1821. From 1823 to 1841, it was part of the Federal Republic of Central America. For the latter half of the 19th century, Guatemala suffered instability and civil strife. From the early 20th century, it was ruled by a series of dictators backed by the United States. In 1944, authoritarian leader Jorge Ubico was overthrown by a pro-democratic m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GPD Per Capita Development Of El Salvador, Guatemala And Honduras
GPD may refer to: Aviation * Mount Gordon Airport, in Queensland, Australia * Tradewind Aviation, an American airline Science and technology * General purpose datatype, in computer science * Generalized Pareto distribution, in statistics * Generalized parton distributions, in particle physics * Glyceraldehyde phosphate dehydrogenase * GamePad Digital, a Chinese handheld game console maker (e.g.: GPD XD, GPD Win) US police departments * Gaithersburg Police Department, Maryland * Gatlinburg Police Department, Tennessee * Gladstone Police Department, Oregon * Greenbelt Police Department (Maryland) * Guam Police Department * Greensboro Police Department, North Carolina Other uses * ''Geassocieerde Pers Diensten'', a Dutch news agency * People's Liberation Army General Political Department The General Political Department of the People's Liberation Army (GPD; ) was the former chief political organ under the Central Military Commission of Chinese Communist Party. It led al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
