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A Big Question on Small States: Can they overcome their size-related vulnerabilities and grow faster and more consistently?

A Big Question on Small States: Can they overcome their size-related vulnerabilities and grow faster and more consistently? »

Source: Finance and Development, September 2013

Volume/Issue: 50/3

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 August 2013

ISBN: 9781484353653

Keywords: natural resources, natural resource, natural resource management

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterl...

The Bahamas: Selected Issues and Statistical Appendix

The Bahamas: Selected Issues and Statistical Appendix »

Source: The Bahamas : Selected Issues and Statistical Appendix

Volume/Issue: 2005/224

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 July 2005

ISBN: 9781451804720

Keywords: tourism expenditure, ministry of tourism, tourism demand, international monetary fund, private consumption, Bahamas,

This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small o...

10 Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

10 Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

Tax concessions—defined as preferential tax treatment for certain types of firms or entities—are commonplace in developed as well as developing countries. Concessions are granted...

2 Stabilization, Debt, and Fiscal Policy in the Caribbean

2 Stabilization, Debt, and Fiscal Policy in the Caribbean »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

This chapter examines the macroeconomic performance of the Caribbean countries since the 1990s, with a special emphasis on their public debt accumulation. Most Caribbean countries have a high le...

Caribbean Growth in an International Perspective

Caribbean Growth in an International Perspective »

Source: Caribbean Growth in an International Perspective : The Role of Tourism and Size

Volume/Issue: 2012/235

Series: IMF Working Papers

Author(s): Nita Thacker , Sebastian Acevedo Mejia , and Roberto Perrelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2012

ISBN: 9781475510898

Keywords: size, growth, tfp, growth accounting, gdp growth, Models with Panel Data, General,

After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. With slower growth, output has fallen behind that of relevant comparator countries. This paper ana...

Determinants of International Tourism1

Determinants of International Tourism1 »

Source: Determinants of International Tourism

Volume/Issue: 2014/82

Series: IMF Working Papers

Author(s): Alexander Culiuc

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2014

ISBN: 9781484383032

Keywords: Gravity model, Real exchange rate, Small islands, tourist, tourists, tourist arrivals, tourism receipts, Country and Industry Studies of Trade,

The paper estimates the impact of macroeconomic supply- and demand-side determinants of tourism, one of the largest components of services exports globally, and the backbone of many smaller economies. It applies th...

Tourism Specialization and Economic Development

Tourism Specialization and Economic Development »

Source: Tourism Specialization and Economic Development : Evidence from the UNESCO World Heritage List

Volume/Issue: 2009/176

Series: IMF Working Papers

Author(s): John Piotrowski , Rabah Arezki , and Reda Cherif

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2009

ISBN: 9781451873238

Keywords: economic development and growth and instrumental variables, unesco world heritage, heritage, world heritage,

The present paper investigates whether tourism specialization is a viable strategy for development. We estimate standard growth equations augmented with a variable measuring tourism specialization using instrumenta...

Pacific Island Countries

Pacific Island Countries »

Source: Pacific Island Countries : In Search of a Trade Strategy

Volume/Issue: 2014/158

Series: IMF Working Papers

Author(s): Hong Chen , Lanieta Rauqeuqe , Shiu raj Singh , Yiqun Wu , and Yongzheng Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 August 2014

ISBN: 9781498324342

Keywords: tourist, tourist arrivals, tourists, tourism industry, destination country, Globalization: General,

International trade is vital for economic prosperity in Pacific island countries, but their trade performance has been weak over the past decade with the exception of resource-rich countries. Small country size and...

5. A Cross-Country Perspective on Growth in the Caribbean: The Role of Tourism and Debt

5. A Cross-Country Perspective on Growth in the Caribbean: The Role of Tourism and Debt »

Source: Regional Economic Outlook, October 2010, Western Hemisphere : Heating Up in the South, Cooler in the North

Series: Regional Economic Outlook

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2010

ISBN: 9781589069534

Keywords: reserve requirements, bond, central bank, international financial statistics, financial system

After earlier success, growth performance in most Caribbean countries has been disappointing since the early 1990s. Growth has slowed, in many cases to less than that of relevant comparator coun...

Chapter 7. Natural Resource Endowments, Governance, and Domestic Revenue Mobilization: Lessons for the CEMAC Region

Chapter 7. Natural Resource Endowments, Governance, and Domestic Revenue Mobilization: Lessons for the CEMAC Region »

Source: Oil Wealth in Central Africa : Policies for Inclusive Growth

Series: Books

Author(s): Bernardin Akitoby , and Sharmini Coorey

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2012

ISBN: 9781616353766

Keywords: fiscal policy, per, public investment, expenditure, fiscal stance

Keen and Mansour, 2010). This has raised concerns about whether sub-Saharan Africa’s vast developmental requirements can be financed in a fiscally sustainable manner....