Eastern Caribbean Currency Union : Selected Issues.

The objective of this paper is to analyze the growth performance of the ECCU countries since independence and the policy challenges they face to ensure sustained growth in the period ahead. Although tourism specialization may bring about higher growth, it could also increase volatility in growth by...

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Detalhes bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2011.
coleção:IMF Staff Country Reports; Country Report ; No. 2011/032
Acesso em linha:Full text available on IMF
Descrição
Resumo:The objective of this paper is to analyze the growth performance of the ECCU countries since independence and the policy challenges they face to ensure sustained growth in the period ahead. Although tourism specialization may bring about higher growth, it could also increase volatility in growth by amplifying the impact of business cycles in source countries on the tourism sector. Low productivity growth is principally the reason for the slowdown in growth. High debt levels have been a major drag on growth.
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Descrição Física:1 online resource (62 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students