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Author: Europa Publications Publisher: Taylor & Francis ISBN: 9781857431384 Category : History Languages : en Pages : 992
Book Description
Introductory surveys cover topics of regional importance; individual country chapters include analysis, statistics and directory information; plus information on regional organizations
Author: Europa Publications Publisher: Taylor & Francis ISBN: 9781857431384 Category : History Languages : en Pages : 992
Book Description
Introductory surveys cover topics of regional importance; individual country chapters include analysis, statistics and directory information; plus information on regional organizations
Author: International Monetary Fund. Western Hemisphere Dept. Publisher: International Monetary Fund ISBN: 1513539361 Category : Business & Economics Languages : en Pages : 85
Book Description
This 2019 Article IV Consultation focuses on Curaçao and Sint Maarten’s near and medium-term challenges and policy priorities and was prepared before coronavirus disease 2019 became a global pandemic and resulted in unprecedented strains in global trade, commodity and financial markets. The fiscal position in Curaçao improved in the past two years, in part due to implemented fiscal measures. Both Curaçao and Sint Maarten would benefit from introducing a Fiscal Responsibility Framework. It could incorporate a central government debt ratio as a long-term anchor and operational rules calibrated to meet it. The report suggests that risks in the financial sector need to be addressed as a matter of priority. The authorities should develop a strategy for addressing financial sector vulnerabilities with the objective of preserving financial stability while minimizing fiscal costs. Significant strengthening of supervision and a complete overhaul of the bank resolution framework are also urgently needed. An across-the board improvement in the governance framework should be a key priority in both countries. Vulnerabilities in the financial system point to the need to strengthen governance in the financial sector.
Author: International Monetary Fund. European Dept. Publisher: International Monetary Fund ISBN: 1498314600 Category : Business & Economics Languages : en Pages : 61
Book Description
KEY ISSUES Context: The union’s current account deficit—the key economic vulnerability flagged in the previous (2011) consultation—has declined over the past few years, including thanks to fiscal adjustment in Curaçao. But it remains large. Curaçao’s growth and job creation remain lackluster, due to weak competitiveness, adverse sectoral trends (e.g., in the international financial center), red tape, and rigid labor laws. Sint Maarten’s tourism-based economy is recovering but remains vulnerable to shocks and suffers from weak administrative capacity—as underscored, for example, by weakening tax collection. Risks: Both Curaçao and, especially, Sint Maarten are exposed to shifts in tourism demand. Curaçao is vulnerable to the uncertain situation in Venezuela, its main trading partner. If long-discussed flexibility- and competitiveness-enhancing structural reforms are not implemented, both countries’ capacity to absorb shocks may prove limited, and pressures on FX reserves and, ultimately, the peg may intensify. Policy recommendations: Fiscal policies should entrench recent gains to facilitate continued external adjustment (especially in Curaçao) and build buffers against shocks. Curaçao should extend the reform of its pension system to public sector workers, further streamline its administrative apparatus, and address weak governance and finances in state companies. Sint Maarten needs to increase revenues to support an expanding administration, including through stronger tax collection and greater contribution from its profitable state companies. The common central bank must monitor closely the deterioration in banks’ loan portfolios and refrain from direct financing of non-financial companies. It should also use more standard sterilization tools to control banks’ excess liquidity. Urgent action is required to lower the cost of doing business and remove pervasive disincentives to both supply and demand of labor.
Author: Food and Agriculture Organization of the United Nations Publisher: Food & Agriculture Org. ISBN: 9789251042335 Category : Caribbean Area Languages : en Pages : 638
Author: Rosilyne Borland Publisher: International Org. for Migration ISBN: Category : AIDS (Disease) Languages : en Pages : 112
Book Description
Given the high level of population movement and the high prevalence of HIV infection in theCaribbean, the link between mobility and the spread of HIV/AIDS is an important dimension ofthe region's epidemic. The Caribbean now ranks secondonly to sub-Saharan Africa as the most affected region in the world. Many of the same factorsthat drive the spread of HIV/AIDS also drive migration, such as unbalanced distribution ofresources, unemployment, political instability and conflict. Recognizing the above, the International Organization for Migration (IOM) Santo Domingo hasundertaken HIV/AIDS and Mobil.
Author: OECD Publisher: OECD Publishing ISBN: 9264546936 Category : Languages : en Pages : 283
Book Description
Latin America and the Caribbean needs an ambitious and comprehensive investment agenda to embark on a stronger and more sustainable development trajectory. The 16th edition of the Latin American Economic Outlook proposes ways to make this possible through co-ordinated actions by policy makers, the private sector and international partners.
Author: Europa Publications
Author: Europa Publications
Author: International Monetary Fund. Western Hemisphere Dept.
Author: International Monetary Fund. European Dept.
Author: Food and Agriculture Organization of the United Nations
Author: 
Author: Rosilyne Borland
Author: OECD
Author: 
Author: 
Author: Food and Agriculture Organization of the United Nations