Kingdom of the Netherlands - Aruba: Selected Issues and Statistical Appendix PDF Download
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Author: International Monetary Fund. European Dept. Publisher: International Monetary Fund ISBN: 1484306805 Category : Business & Economics Languages : en Pages : 33
Book Description
This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns requires identifying the underlying factors. This paper presents an overview of Aruba’s economic growth performance since 1990, analyzes factors behind the slowdown, and discusses how potential growth can be sustained. It suggests that Aruba should aim to finance its renewable energy and other future growth initiatives sustainably.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451876009 Category : Business & Economics Languages : en Pages : 31
Book Description
This Selected Issues paper and Statistical Appendix for the Kingdom of the Netherlands—Aruba underlies long-term growth and fiscal sustainability. Aruba’s fiscal position has been deteriorating since the turn of the century, and the medium-term fiscal sustainability analysis shows a continuous weakening ahead of population aging. An upfront and ambitious fiscal consolidation, significantly lowering the deficit and reducing the level of public debt, seems necessary. On the pension front, measures could include increasing the mandatory retirement age and expanding the contribution base.
Author: International Monetary Fund. European Dept. Publisher: International Monetary Fund ISBN: 1484363701 Category : Business & Economics Languages : en Pages : 33
Book Description
This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns requires identifying the underlying factors. This paper presents an overview of Aruba’s economic growth performance since 1990, analyzes factors behind the slowdown, and discusses how potential growth can be sustained. It suggests that Aruba should aim to finance its renewable energy and other future growth initiatives sustainably.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451801017 Category : Business & Economics Languages : en Pages : 66
Book Description
The paper provides a brief review of economic developments and policies in the Netherlands Antilles. The government’s current adjustment initiative provides a much needed opportunity for restoring growth prospects for the Netherlands Antilles. The paper has looked into issues pertaining to the development and prospects of the Antillean offshore sector. The picture emerging is one of a sector that, after initial spectacular growth, has encountered a number of obstacles. Nevertheless, it has been able to continue to register positive, albeit more moderate, growth.
Author: International Monetary Fund. European Dept. Publisher: International Monetary Fund ISBN: 1484307542 Category : Business & Economics Languages : en Pages : 45
Book Description
This 2013 Article IV Consultation highlights that economic output in Aruba remains 12 percent below its pre-crisis level, with recovery slower than others in the Caribbean region. The non-oil current account (CA) balance, which mostly reflects developments in the tourism sector, has improved since mid-2000 reaching a balanced position in 2012. The overall CA balance, however, after being in surplus for years, showed volatilities in recent years reflecting oil-sector developments. In 2012, it recorded a surplus of 5 percent of GDP. In 2013, real output is projected to grow by 11⁄4 percent. Robust tourism growth and some pickup in consumption from projected deflation will support the subdued near-term recovery.