01869cas a2200241 a 4500 AALejournalIMF017057 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475530353 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Western Hemisphere Dept. Barbados : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Barbados. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (77 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 2016 Article IV Consultation highlights that the economy of Barbados appears to have turned a corner with a pickup in activity. Real GDP grew by 0.8 percent in 2015, underpinned by an increase in private investment and a surge in tourism arrivals, which increased by 14 percent, among the highest in the Caribbean. This boosted employment by 2 percent, while the unemployment rate fell to 11.3 percent. Inflation eased owing to lower import prices, with end-period prices falling by 2.5 percent. Net inflows in the capital and financial account fell, driven by large official amortization payments and lower foreign direct investment. As a result, net international reserves dropped to USD 469 million at the end of April 2016. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/279 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/279/002.2016.issue-279-en.xml IMF e-Library