UID:
edoccha_9958103249002883
Format:
1 online resource (37 pages)
ISBN:
1-4623-8180-4
,
1-4527-6062-4
,
1-280-89948-4
,
1-4519-9297-1
,
9786613740793
Series Statement:
IMF Staff Country Reports
Content:
This 1999 Article IV Consultation highlights that Aruba’s real GDP grew at an annual rate of some 3 percent in 1998, while inflation remained subdued at about 2 percent. Comparable rates of satisfactory growth and low inflation have characterized the island’s development since the mid-1990s, following a period of double-digit growth when an investment boom in the hotel sector brought about the transformation of Aruba into a tourism-based economy. The outlook for satisfactory growth and low inflation had been threatened, however, by an undue relaxation of fiscal policy in 1996 and continued laxity through mid-1998.
Note:
Bibliographic Level Mode of Issuance: Monograph
,
English
Additional Edition:
ISBN 1-4518-0002-9
Language:
English
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