A Developer's View: Key Economic Factors in Belize
Belize has a small, domestically focused economy that has experienced solid however unspectacular growth over the past twenty years thanks to strong population growth and the gradual development of its tourism sector, as well as a generally pro-business policy by both major political parties. Belize benefits strongly from its historic links to the United Kingdom and the tradition of autonomous of charge market capitalism it inherited, as well as the corporate legal framework integral to the British Common Code system. Although once dominated by a small number of "colonial" corporate entities, Belize immediately has a remarkably open economy where major international investors have been able to acquire and control significant assets such as the major electricity and aqua utilities.
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