European Parliament Library

Barbados :, Staff Report for the 2011 Article IV Consultation

Abstract
This 2011 Article IV Consultation highlights that the difficult global economic conditions continue to hit Barbados with growth at anemic levels. The current account deficit has widened in recent times owing to higher oil and food prices. Executive Directors commended the authorities for adopting a revised Medium-Term Fiscal Strategy aimed at generating a balanced budget. They emphasized that fiscal consolidation should focus on expenditure reduction, including lowering the wage bill, reducing transfers to public enterprises, and minimizing tax exemptions
Table Of Contents
""Cover""; ""CONTENTS""; ""BACKGROUND""; ""RECENT DEVELOPMENTS AND OUTLOOK""; ""POLICY DISCUSSIONS""; ""A. Fiscal consolidation and debt reduction""; ""B. Monetary and Exchange Rate Policies""; ""C. Financial Stability and Regulation""; ""D. Growth Enhancing Structural Reforms""; ""E. Statistical Issues""; ""STAFF APPRAISAL""; ""BOXES""; ""1. Recent Developments in the Tourism Sector""; ""2. Sectoral Balance Sheet Mismatches and Macroeconomic Vulnerabilities""; ""3. Real Exchange Rate Assessments""; ""4. The Resolution of CLICO-Barbados""; ""5. Structural Competitiveness""; ""FIGURES""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (69 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781463955427

Library Locations

  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow