St. Lucia : 2015 Article IV Consultation-Press Release; and Staff Report.

A moderate economic recovery is taking hold in St. Lucia. Favorable international conditions have contributed to improved demand for tourism, St. Lucia's main economic sector, and the external current account deficit has narrowed significantly. The authorities have made some progress in address...

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Bibliografski detalji
Autor kompanije: International Monetary Fund. Western Hemisphere Dept
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2016.
Serija:IMF Staff Country Reports; Country Report ; No. 2016/052
Online pristup:Full text available on IMF
Opis
Sažetak:A moderate economic recovery is taking hold in St. Lucia. Favorable international conditions have contributed to improved demand for tourism, St. Lucia's main economic sector, and the external current account deficit has narrowed significantly. The authorities have made some progress in addressing a weak fiscal position. However, the financial sector continues to be impaired by nonperforming loans, public debt keeps rising, and unemployment remains very high, while external sector competitiveness continues to be weakened by an overvalued exchange rate, economies of scale disadvantages, and structural bottlenecks.
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Opis:1 online resource (79 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students