The Bahamas
Author | : Patricia Alonso-Gamo |
Publisher | : |
Total Pages | : 46 |
Release | : 2009 |
Genre | : |
ISBN | : |
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Author | : Patricia Alonso-Gamo |
Publisher | : |
Total Pages | : 46 |
Release | : 2009 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 50 |
Release | : 2009-06-18 |
Genre | : Business & Economics |
ISBN | : 1451877358 |
The staff report for The Bahamas’s 2009 Article IV Consultation examines economic developments and policies. The financial sector, including the offshore sector, accounts for about 20 percent of economic activity. Exchange controls are maintained on capital transactions, narrowing the field of investment opportunities for local wealth, largely to real estate and government debt. Macroeconomic policy has historically been geared to maintaining fiscal sustainability, attracting investment, and supporting the exchange rate peg.
Author | : Markus Rodlauer |
Publisher | : |
Total Pages | : 49 |
Release | : 2008 |
Genre | : |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 44 |
Release | : 2003 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 56 |
Release | : 2005-07-07 |
Genre | : Business & Economics |
ISBN | : 9781451804713 |
The Bahamas’s 2005 Article IV Consultation reports that the economic slowdown has contributed to deterioration in the fiscal accounts. The Bahamas is a small, open, and relatively wealthy economy, which is highly dependent on tourism from the United States and offshore financial activities. Offshore financial activities have developed rapidly since the early 1990s and account for roughly 15 percent of GDP. This has reduced the economy’s dependence on the tourism sector, which is focused on the higher end of the U.S. market but still accounts for one-fourth of GDP.
Author | : Christopher Towe |
Publisher | : |
Total Pages | : 54 |
Release | : 2005 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 49 |
Release | : 2008-01-17 |
Genre | : |
ISBN | : 9781451804737 |
Prudent macroeconomic management, strong growth, low inflation, small fiscal deficit, and public debt have helped The Bahamas attain the highest standard of living in the Caribbean. Executive Directors supported the government's goals of balancing the budget and reducing debt. They encouraged the use of market-based monetary policy and tax administration. They emphasized the need of a macroeconomic policy framework, international reserves, and a strong financial framework. Directors appreciated the performance of the financial system and also for modernizing the regime to combat money laundering and terrorism financing.
Author | : |
Publisher | : |
Total Pages | : 72 |
Release | : 2005 |
Genre | : Bahamas |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 47 |
Release | : 2003-07-23 |
Genre | : Business & Economics |
ISBN | : 1452714584 |
The Bahamas showed strong performance owing to its prudent macroeconomic management. Executive Directors welcomed this step, and emphasized the need to strengthen fiscal and international reserve positions, and diversify the economic base to maintain confidence and reduce economic vulnerabilities. They stressed the need to accelerate structural reforms, improve financial supervision and regulation, and to bring the regimes for combating money laundering and terrorism financing. They appreciated The Bahamas's participation in the General Data Dissemination System, and encouraged action to remove inconsistencies that exist in the economic data.
Author | : Claudio Loser |
Publisher | : |
Total Pages | : 49 |
Release | : 2001 |
Genre | : Wirtschaftslage / Wirtschaftspolitik / Bahamas |
ISBN | : |