- Masahiro Nozaki, Tobias Roy, Pawel Dyczewski, Bernhard Fritz-Krockow, Fanny Torres Gavela, Gamal El-Masry, and Rafael Portillo
- Published Date:
- March 2009
© 2009 International Monetary Fund
Production: IMF Multimedia Services Division
Typesetting: Alicia Etchebarne-Bourdin
Suriname: toward stability and growth/Western Hemisphere Dept.; Bernhard Fritz-Krockow … [et al.]—Washington, D.C.: International Monetary Fund, 2009.
Includes bibliographical references.
1. Suriname—Economic conditions. 2. Suriname—Economic conditions—Statistics. 3. Inflation (Finance)—Suriname—4. Monetary policy—Suriname. 5. Dollarization—Suriname. 6. Fiscal policy—Suriname—7. Finance, Public—Suriname. I. Fritz-Krockow, Bernhard. II. International Monetary Fund. Western Hemisphere Dept. HC212 .S875 2009
Disclaimer: This publication should not be reported as representing the views or policies of the International Monetary Fund. The views expressed in this work are those of the authors and do not necessarily represent those of the IMF, its Executive Board, or its management.
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The authors of this paper are International Monetary Fund (IMF) country team members who visited Suriname during 2004–07. Most of the material was prepared specifically for this publication, although some of the material was used previously as background for the Suriname Article IV consultation discussions at the IMF Executive Board. The authors are grateful to the Surinamese authorities for their assistance in providing data and documents and for the extensive discussions and comments that helped clarify and provide focus to the discussions in this publication. The authors are also grateful to the Suriname team of the Inter-American Development Bank.
This paper has benefited extensively from discussions and comments by staff in the Western Hemisphere Department, as well as the staff of the Secretary’s Department at the IMF. We also greatly appreciate the outstanding research assistance provided by Genevieve Mendiola Lindow and Usman Khosa and the excellent production assistance provided by Andrea Aquino. Marina Primorac coordinated the production of the publication.
The opinions expressed here are those of the authors and do not necessarily reflect the views of the IMF, its staff or Executive Board, or the authorities of Suriname.
The analysis in this paper reflects the work of the team until mid-2008 and does not cover the sharp fall in commodity prices since then. The paper does not discuss the macroeconomic challenges of these exogenous shocks or their impact on the balance of payments and the fiscal accounts or the possible need for corrective monetary and exchange rate policies.