01633cas a2200241 a 4500 AALejournalIMF008439 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451823226 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. St. Lucia : Debt Sustainability Analysis. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (6 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 paper presents a debt sustainability analysis for St. Lucia. The medium-term scenario prepared by the IMF staff assumes continued fiscal consolidation and thus is compatible with sustainable debt levels even in the presence of adverse economic shocks. Stress tests show that stabilizing the debt/GDP ratio for the public sector at around the levels prevailing in 2002/03 would allow the absorption of economic shocks without generating unstable debt dynamics. Most temporary shocks would, however, shift the debt ratio upward, and further adjustment would be necessary to restore the preshock level. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2003/139 Full text available on IMF http://elibrary.imf.org/view/journals/002/2003/139/002.2003.issue-139-en.xml IMF e-Library