The Bahamas : Financial Sector Stability Assessment.

This article is an overview of the structure of the Bahamian financial system. After the financial crisis in the United States, the Bahamian financial structure showed fragile growth. Tourism, the main source of income for the domestic economy, weakened owing to the U.S. crisis. The increase in oil...

Disgrifiad llawn

Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund. Western Hemisphere Dept
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2013.
Cyfres:IMF Staff Country Reports; Country Report ; No. 2013/101
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:This article is an overview of the structure of the Bahamian financial system. After the financial crisis in the United States, the Bahamian financial structure showed fragile growth. Tourism, the main source of income for the domestic economy, weakened owing to the U.S. crisis. The increase in oil prices was the key reason for the destroyed infrastructure. However, amidst the vulnerabilities, the banking sector showed stability with high capital and liquidity and sustained challenges; the insurance sector also showed significant improvement. The current financial framework needs to be strengthened, and the mission recommends several reforms to handle financial shocks.
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Disgrifiad Corfforoll:1 online resource (88 pages)
Fformat:Mode of access: Internet
ISSN:1934-7685
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students