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Caribbean Renewal
			: Tackling Fiscal and Debt Challenges

Caribbean Renewal : Tackling Fiscal and Debt Challenges »

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

DOI: http://dx.doi.org/10.5089/9781484369142.071

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Caribbean economies face high and rising debt-to-GDP ratios that jeopardize prospects for medium-term debt sustainability and growth. This book provides a comprehensive analysis of the challenges of fiscal consolid...

Back Matter

Back Matter »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Caribbean economies face high and rising debt-to-GDP ratios that jeopardize prospects for medium-term debt sustainability and growth. This book provides a comprehensive analysis of the challenges of fiscal consolid...

Front Matter

Front Matter »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Caribbean economies face high and rising debt-to-GDP ratios that jeopardize prospects for medium-term debt sustainability and growth. This book provides a comprehensive analysis of the challenges of fiscal consolid...

CHAPTER 2 Emerging from the Crisis—Prospects and Macroeconomic Challenges

CHAPTER 2 Emerging from the Crisis—Prospects and Macroeconomic Challenges »

Source: Emerging from the Global Crisis : Macroeconomic Challenges Facing Low-Income Countries

Series: Departmental Papers / Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2011

ISBN: 9781616350734

Keywords: Economic growth, Low-income developing countries, Global Financial Crisis 2008-2009, public debt, current account, fiscal policy, exchange rate, current account deficits

LICs’ economic recovery is projected to be faster and more aligned with the rest of the world than in previous crises, although the pace of recovery will vary...

Chapter 12. Fiscal and Debt Sustainability in the Caribbean: A New Agenda

Chapter 12. Fiscal and Debt Sustainability in the Caribbean: A New Agenda »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

This chapter concludes the analysis in this book with an agenda for moving the region forward, drawing on the discussions of preceding chapters and the accompanying empirical analyses. While a survey of curr...

Chapter 1. Fiscal Consolidation and Debt Reduction in the Caribbean: An Overview

Chapter 1. Fiscal Consolidation and Debt Reduction in the Caribbean: An Overview »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Caribbean economies face high and rising debt-to-GDP ratios that jeopardize prospects for medium-term debt sustainability and growth. In 2011, the region’s overall public sector debt was estimated at about 7...

Chapter 5. Fiscal Consolidation: Country Experiences and Lessons from the Empirical Literature

Chapter 5. Fiscal Consolidation: Country Experiences and Lessons from the Empirical Literature »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Governments facing high debt levels and seeking to undertake fiscal consolidation are often confronted with a number of interrelated questions. What promotes a successful fiscal consolidation? How large shou...

Chapter 7. Fiscal Consolidation in the Caribbean: Past and Current Experiences

Chapter 7. Fiscal Consolidation in the Caribbean: Past and Current Experiences »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

Countries in the Caribbean have undertaken fiscal consolidation at various times with the primary objective of putting the debt-to-GDP ratio on a sustainable downward trajectory. Yet public debt levels in mo...

Chapter 8. Fiscal Multipliers in the Caribbean

Chapter 8. Fiscal Multipliers in the Caribbean »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

The recent global financial crisis has drawn renewed attention to the effectiveness of fiscal policy, as many countries implemented fiscal stimulus measures to boost economic activity. The effectiveness of f...

Chapter 2. Fiscal Performance in the Caribbean Before and After the Global Financial Crisis

Chapter 2. Fiscal Performance in the Caribbean Before and After the Global Financial Crisis »

Source: Caribbean Renewal : Tackling Fiscal and Debt Challenges

Series: Books

Author(s): Charles Amo Yartey , and Therese Turner-Jones

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 May 2014

ISBN: 9781484369142

Keywords: public debt, debt reduction, fiscal consolidation, debt restructuring, fiscal policy

The Caribbean has a track record of high fiscal deficits, partly reflecting procyclical fiscal policies in good times. This has resulted in elevated levels of public-debt-to-GDP ratios since 1990. The predom...