Netherlands Antilles: Recent Economic Developments

This paper reviews economic developments in the Netherlands Antilles during 1990-96. The economic situation started deteriorating significantly since the early 1990s. Economic growth slackened, mainly reflecting weak investment and a sharp drop in tourist arrivals in 1995-96 owing to hurricane damag...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 1997
Schriftenreihe:IMF Staff Country Reports IMF Staff Country Report No. 97/32
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Zusammenfassung:This paper reviews economic developments in the Netherlands Antilles during 1990-96. The economic situation started deteriorating significantly since the early 1990s. Economic growth slackened, mainly reflecting weak investment and a sharp drop in tourist arrivals in 1995-96 owing to hurricane damage. The underlying external position deteriorated progressively, and reserves fell to an uncomfortably low level. The major factors behind the deterioration were occasional slippages in monetary policy and persistently large fiscal deficits that had their roots in a rapid growth of personnel costs
Beschreibung:1 Online-Ressource (108 p)
ISBN:1451800975
9781451800975

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