Trinidad and Tobago : Economic Developments and Selected Background Issues.

This paper examines economic developments in Trinidad and Tobago during 1990-94. Economic activity in 1992-93 was severely affected by a fall in output in the oil/gas sector, a sharp drop in the average oil export price, and persisting weakness in the nonpetroleum sector. As a result, real GDP decli...

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Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1995.
Serie:IMF Staff Country Reports; Country Report ; No. 1995/016
Accesso online:Full text available on IMF
Descrizione
Riassunto:This paper examines economic developments in Trinidad and Tobago during 1990-94. Economic activity in 1992-93 was severely affected by a fall in output in the oil/gas sector, a sharp drop in the average oil export price, and persisting weakness in the nonpetroleum sector. As a result, real GDP declined further by a cumulative 3 1\2 percent in the two-year period, and unemployment rose to more than 20 percent. Real domestic expenditure fell by 3 1\2 percent a year, with declines in both consumption and investment.
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Descrizione fisica:1 online resource (162 pages)
Natura:Mode of access: Internet
ISSN:1934-7685
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students