Honduras development context and key challenges

Honduras gained its independence from Spain in 1821 and joined the Central American Federation that lasted until 1842, when the country became totally independent. During the early 1900s the country became deeply influenced by the United States through the establishment of large fruit production companies coupled with massive foreign capital investments that dominated the banana economy. Fruit companies had powerful stakes in domestic politics and the economy. These dominating US investments undermined the institutional development associated with the liberal reforms occurring in other countries of the region in the early nineteenth century.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Peace, Justice and Strong Institutions