European Parliament Library

St.Vincent and the Grenadines :, Staff Report for the 2011 Article IV Consultation

This consultation paper explains that in addition to the adverse impact of the global slowdown and higher commodity prices, St. Vincent and the Grenadines has been hit by two successive natural disasters in the last 12 months. As a result, real GDP has been contracted by a cumulative 4.7 percent since 2007 and is expected to remain slightly negative this year. Growth is expected to improve gradually toward its potential, but significant downside risks remain, largely related to developments in the global economy
Table Of Contents
Cover; CONTENTS; CONTEXT; RECENT ECONOMIC DEVELOPMENT; OUTLOOK AND RISKS; POLICY DISCUSSIONS AND RECOMMENDATIONS; A. Creating Fiscal Space and Ensuring Debt Sustainability; B. Improving the Medium-Term Outlook for the External Current Account; C. Addressing Risks and Vulnerabilities in the Financial Sector; D. Improving the Business Climate and Revitalizing Growth; E. Future Fund Program; STAFF APPRAISAL; BOXES; 1. Building Climate Resilience; 2. Ensuring Long Term Solvency and Limiting the Fiscal Cost of the Pension System; 3. Exchange Rate Assessment; FIGURES
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (67 p.)
Specific Material Designation
Form Of Item

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