St. Lucia : Recent Economic Developments.

This paper reviews economic developments in St. Lucia during 1990-95. During 1991-92, economic growth slowed to an average of 5 percent (from 9 percent achieved in the late 1980s) as banana production stagnated, and in spite of strong growth of construction and tourism. In 1993-94, real GDP growth f...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Staff Country Reports; Country Report ; No. 1996/139
Online Access:Full text available on IMF
Description
Summary:This paper reviews economic developments in St. Lucia during 1990-95. During 1991-92, economic growth slowed to an average of 5 percent (from 9 percent achieved in the late 1980s) as banana production stagnated, and in spite of strong growth of construction and tourism. In 1993-94, real GDP growth fell further to an annual average of 2 percent reflecting a severe drop in banana production associated with the 1993 drought and the 1994 tropical storm. In 1995 and the first part of 1996, growth rebounded to an annual average of about 4 percent.
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Physical Description:1 online resource (93 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students