Barbados : Selected Issues.
This Selected Issues paper summarizes recent development in Barbados's International Business and Financial Services (IBFS) sector and assesses the extent to which the loss of correspondent banking relationships (CBRs) pose a risk to its future. The contribution of the IBFS sector to the local...
| مؤلف مشترك: | |
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| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
2018.
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| سلاسل: | IMF Staff Country Reports; Country Report ;
No. 2018/134 |
| الوصول للمادة أونلاين: | Full text available on IMF |
| الملخص: | This Selected Issues paper summarizes recent development in Barbados's International Business and Financial Services (IBFS) sector and assesses the extent to which the loss of correspondent banking relationships (CBRs) pose a risk to its future. The contribution of the IBFS sector to the local economy has been relatively stable in recent years but its contribution to fiscal revenues has declined. The sector has displayed lower profitability since the global financial crisis. More recently, it suffered from two changes in Canadian tax legislation. Consequently, tax revenues have declined while other expenditures have largely offset such decline. The sector also faces some risks from the loss of CBRs that has affected most Caribbean countries. |
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| وصف المادة: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| وصف مادي: | 1 online resource (19 pages) |
| التنسيق: | Mode of access: Internet |
| تدمد: | 1934-7685 |
| وصول: | Electronic access restricted to authorized BRAC University faculty, staff and students |