European Parliament Library

Barbados :, 2010 Article IV Consultation-Selected Issues

The short-term recovery of the Barbados economy will critically depend on the rebound of demand for its services in its traditional markets. As a small tourist-dependent economy with a fixed exchange rate and volatile capital inflows, Barbados could shore up its external sector through fiscal consolidation and structural reforms to raise sustainable growth rates. Barbados’s financial system appears to have been broadly resilient up to now; preserving its soundness in an environment weakened by the recession requires strengthening the regulatory and supervisory framework
Table Of Contents
Cover; Contents; I. Barbados: Growth Dynamics; A. Introduction and Background; B. Estimating Potential GDP Growth; C. Some Stylized Facts on Barbados' Business Cycles; D. The Evolution of Capital, Labor, and Total Factor Productivity; E. Conclusion and Policy Implications; Figures; 1. Potential Output Growth; 2. Capital and Labor Growth; II. Barbados: External Stability; A. Barbados Stylized Facts; B. Assessment of Exchange Rate; Boxes; 1. Macroeconomic Balance Approach; 2. External Sustainability Approach; 3. Equilibrium Real Exchange Rate (ERER) Estimation; C. Reserve Adequacy Assessment
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (44 p.)
Specific Material Designation
Form Of Item

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