01695cas a2200241 a 4500 AALejournalIMF000882 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451800029 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Kingdom of the Netherlands-Aruba : Staff Report for the 1999 Article IV Consultation. Washington, D.C. : International Monetary Fund, 1999. 1 online resource (37 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1999/047 Full text available on IMF http://elibrary.imf.org/view/journals/002/1999/047/002.1999.issue-047-en.xml IMF e-Library