Format:
Online-Ressource (37 p)
Edition:
Online-Ausg.
ISBN:
1451800029
,
9781451800029
Series Statement:
IMF Staff Country Reports IMF Staff Country Report No. 99/47
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
Additional Edition:
Erscheint auch als Druck-Ausgabe Kingdom of the Netherlands-Aruba: Staff Report for the 1999 Article IV Consultation Washington, D.C. : International Monetary Fund, 1999 ISBN 9781451800029
Language:
English
DOI:
10.5089/9781451800029.002
