European Parliament Library

Barbados :, 2008 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion

Barbados’s 2008 Article IV Consultation is focused on policies to balance the conflicting risks to inflation, growth, and medium-term sustainability. Although the government has maintained some policy space by postponing the liberalization of the capital account, its options are constrained by high public debt and the peg to the U.S. dollar. Downward-trending annual inflation rates masked pent-up price pressures that have been unleashed. The government stressed its commitment to fiscal prudence, with a view to balancing the central government accounts over the medium term
Table Of Contents
Cover; Contents; I. Background; Boxes; 1. Exchange Rate Assessment; II. Policy Issues; 2. Recent Developments and Short-Term Outlook; Figures; 1. Macroeconomic Developments, 2000-08; A. Fiscal Policy: Providing Support While Safeguarding Sustainability; 3. Stochastic Analysis of Fiscal Policy and Public Debt; B. Monetary Policy: Containing Inflation Expectations; C. Wage Formation: Minimizing Second-Round Effects on Inflation; D. Financial Sector Policies: Strengthening Regulation and Supervision; 4. Key FSAP Update Recommendations; III. Staff Appraisal; Tables
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (45 p.)
Specific Material Designation
Form Of Item

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