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Author: Publisher: ISBN: Category : Aruba Languages : en Pages :
Book Description
Part of CIA's World factbook, this page provides general information and statistics about Aruba, an island in the Caribbean Sea, north of Venezue. The information, summarized into following subdivisions: geography, people, government, economy, communications, transportation, military, and transnational issues. Includes a map and flag.
Author: Publisher: ISBN: Category : Aruba Languages : en Pages :
Book Description
Part of CIA's World factbook, this page provides general information and statistics about Aruba, an island in the Caribbean Sea, north of Venezue. The information, summarized into following subdivisions: geography, people, government, economy, communications, transportation, military, and transnational issues. Includes a map and flag.
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: 1455208310 Category : Business & Economics Languages : en Pages : 14
Book Description
The note gives statistical data on Aruba with regard to indicators of tourism activity, components of GDP, real GDP, contributions to real GDP, growth, changes in consumer price index, and legal minimum wages. The statistical data of operations of the central government, operational budget of the social insurance bank, financial balance, balance of payments summary, non-oil balance of payments summary are detailed. The balance sheets of bank-like institutions, life insurance companies, and pension funds are given along with utilities housing mortgage statistics.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1451800037 Category : Business & Economics Languages : en Pages : 20
Book Description
The statistical data on indicators of tourism activity, estimated GDP and components, real GDP, contributions to real GDP growth, changes in the consumer price index, legal minimum wages, summary of trends in public finance, and tax revenue of Aruba are presented in the paper. The data on operational budget of the social insurance bank, government debt, balance- of-payments summary, monetary survey, monetary developments, and changes in sources of broad money with respect to Aruba are also presented.
Author: International Monetary Fund. Western Hemisphere Dept. Publisher: International Monetary Fund ISBN: 1484304381 Category : Business & Economics Languages : en Pages : 64
Book Description
This 2017 Article IV Consultation highlights Aruba’s recession, which began around mid-2015. Real GDP contracted by 0.5 and 0.2 percent in 2015 and 2016, respectively. Weakness in activity was broad based in 2016. Domestic demand contracted by 3.0 percent. Exports grew only 0.3 percent owing to weak tourism and shrinking nontourism exports. Imports contracted by 3.5 percent, reflecting weak demand on the back of fiscal consolidation and weak tourism growth. Monetary policy was unchanged during 2015–16. The banking system remains resilient. Banks maintain elevated capital buffers, have relatively low nonperforming loans, and are profitable.
Author: International Monetary Fund. Western Hemisphere Dept. Publisher: International Monetary Fund ISBN: 1498318002 Category : Business & Economics Languages : en Pages : 69
Book Description
This 2019 Article IV Consultation highlights that Aruba’s economic recovery continues, although at a slowing pace. The authorities have managed well the impact of the crisis in Venezuela through diversification of product markets and tourism sources. Nonetheless, a deepening of the crisis is a downside risk—mainly through a potentially sizable influx of immigrants and refugees. It is recommended to identify additional reform measures to achieve Aruba’s fiscal targets. These measures should involve a mix of revenue increases and expenditure restraint, and be prioritized, sequenced, equitable, and well-communicated to minimize implementation risks and ensure the measures’ durability. The government devised a reform agenda with fiscal consolidation as a key pillar. Additional measures are needed to achieve the authorities’ fiscal targets. The additional adjustment should contain a mix of tax reforms and expenditure rationalization. The fiscal measures in 2019 are expected to deliver a large upfront increase in revenues but it will be important to strike a balance between revenue increases and expenditure restraint in subsequent years.
Author: International Monetary Publisher: International Monetary Fund ISBN: 1513572830 Category : Business & Economics Languages : en Pages : 73
Book Description
Aruba managed to contain the pandemic in the first months of the outbreak but experienced a resurgence of new infections in the summer. The economic impact of COVID-19 is particularly severe given Aruba’s high dependency on tourism. While the authorities’ swift response has helped contain the human and economic damage, it could not avoid a severe GDP contraction.
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Author: International Monetary Fund. European Dept.
Author: International Monetary Fund
Author: Lammert de Jong
Author: International Monetary Fund
Author: Anne-Nicole de l' Isle
Author: International Monetary Fund. Western Hemisphere Dept.
Author: International Monetary Fund. Western Hemisphere Dept.
Author: Kenneth Meyers
Author: International Monetary