Belize is participating in the Salud Mesoamerica 2015 Initiative (SM2015), a regional public-private partnership administered by the Inter-American
Development Bank (IADB) and implemented by the eight Mesoamerican
countries, which utilizes a results-based financing model with external

The Technical Note provides an overview of labor market outcomes in Belize and a review of labor market institutions and regulations. The study considers various perspectives on Belize's market and concludes that prevailing labor market regulations, institutions and labor supply do not appear as binding constraints on achieving more rapid economic growth. Nevertheless, labor market regulations, institutions and labor supply can be improved upon, especially laws and regulations that are no longer appropriate for 21st century circumstances.