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Grenada :, Recent Economic Developments

Abstract
This paper reports economic developments in Grenada during the 1990s. Following a strong expansion over 1987–91, real GDP grew at a slower pace in 1992 and declined in 1993, largely reflecting the adoption of adjustment measures and a severe drought. Growth resumed in 1994 owing to stronger tourism and manufacturing activity, the installation of new electricity-generating capacity, and increased output by the water company. In 1995, real GDP continued to expand at an annual rate of about 3 percent, mainly because of a recovery in agricultural output induced by higher export prices
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (78 pages)
Form Of Item
online
Isbn
9781455280360

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