UID:
edoccha_9958056964002883
Format:
1 online resource (42 p.)
ISBN:
1-4623-9895-2
,
1-4527-7475-7
,
1-280-97967-4
,
9786613751287
,
1-4527-5497-7
Series Statement:
IMF Staff Country Reports
Content:
Aruba is one of the most developed islands in the Caribbean. Still, it is vulnerable to external shocks owing to its heavy dependence on tourism and a steady increase in public debt. Policies to support further fiscal consolidation and boost Aruba’s growth potential are needed. Maintaining macroeconomic stability will require fiscal adjustment and an appropriately tight monetary policy. Bolstering the growth potential will require creating the right conditions for private investment and diversification. The financial system is generally sound, but warrants continued supervisory vigilance.
Note:
Description based upon print version of record.
,
Cover; Executive Summary; Contents; I. A Rebounding Economy; Figures; 1. Regional Perspective; 2. Recent Economic Developments; II. What Lies Ahead?; III. How Can Aruba Reduce its External Vulnerability?; A. The Near Term: Maintaining Macroeconomic Stability; B. The Medium Term: Ensuring Fiscal Sustainability; Text Boxes; 1. Fiscal Sustainability; C. Strengthening Policy Frameworks and Public Institutions; D. Bolstering Long-Run GDP Growth; Reforming the tax system; Strengthening financial intermediation; 2. Towards Indirect Monetary Policy Instruments; IV. Staff Appraisal; Tables
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1. Basic Data, 2000-20082. Estimated GDP and Components, 2000-2012; 3a. Balance of Payments Summary, 2000-2012; 3b. Non-Oil Balance of Payments Summary, 2000-2012; 4. Indicators of External and Financial Vulnerability, 2000-2008; 5. Central Government Budgetary Operations, 2000-2012; 6. Monetary Developments, 2000-2008; 7. Public Sector Debt Sustainability Framework, 2002-2012; 8. External Debt Sustainability Framework, 2002-2012; 9. Medium-Term Macro Projection, 2006-2012; 3. Public Debt Sustainability: Bound Tests; 4. External Debt Sustainability: Bound Tests; Appendices; I. Fund Relations
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II. Statistical Issues
,
English
Additional Edition:
ISBN 1-4518-0010-X
Language:
English
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