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Western Hemisphere > Cuba

You are looking at 1 - 8 of 8 items for :

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Cover IMF Staff Country Reports
The Bahamas: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for The Bahamas
International Monetary Fund. Western Hemisphere Dept.
This 2016 Article IV Consultation highlights that economic growth in The Bahamas is estimated to have stalled in 2015, as a modest increase in air tourism arrivals was not sufficient to offset a contraction in domestic demand and weak exports of goods. Private consumption and investment were weighed down by headwinds from fiscal consolidation, as well as an end to construction. Inflation was moderate at 1.9 percent on average in 2015. Growth is expected to strengthen to about 0.5 percent in 2016, supported by continued growth in air tourist arrivals and moderating headwinds to private consumption and investment.
Keywords:
ISCR; CR; budget communication; deficit; authority; budget projection; Bahamian authorities; further deficit reduction; goods export; Fiscal consolidation; Value-added tax; Global; Caribbean
Cover Finance & Development
Finances & Développement, septembre 2015
International Monetary Fund. External Relations Dept.
Finances & Développement, septembre 2015
Keywords:
FD; F&D; economy; central bank; investment; monetary policy; financial crisis; investor
Cover Finance & Development
Finanzas y Desarrollo, septiembre de 2015
International Monetary Fund. External Relations Dept.
Finanzas y Desarrollo, septiembre de 2015
Keywords:
FD; F&D; economy; central bank; investment; monetary policy; financial crisis; investor
Cover Finance & Development
Finance and Development, September 2015
International Monetary Fund. External Relations Dept.
This chapter presents the point of view and ideas of Sabina Alkire, an economist. Alkire wants the Multidimensional Poverty Index to be part of a data revolution to guide the fight against poverty. According to Alkire, learning to meditate soothed away what she describes as the temper tantrums of her childhood. The chapter also highlights the fact that an index is only as good as its underlying data, and in emerging market economies that quality is often inadequate. The quest for better poverty metrics coincides with growing doubts about the ability of conventional statistics, especially GDP, to gauge economic growth in the digital economy, let alone well-being, welfare, and environmental sustainability.
Keywords:
FD; F&D; economy; central bank; investment; monetary policy; financial crisis; investor; IMF study; Columbia University professor; IMF report; price of commodity; post-World War II capitalism; Stress testing; Foreign direct investment; Islamic finance; Income inequality; Global; East Asia; Caribbean; Central America; South America
Cover IMF Staff Country Reports
St.Vincent and the Grenadines: Staff Report for the 2011 Article IV Consultation
International Monetary Fund
This consultation paper explains that in addition to the adverse impact of the global slowdown and higher commodity prices, St. Vincent and the Grenadines has been hit by two successive natural disasters in the last 12 months. As a result, real GDP has been contracted by a cumulative 4.7 percent since 2007 and is expected to remain slightly negative this year. Growth is expected to improve gradually toward its potential, but significant downside risks remain, largely related to developments in the global economy.
Keywords:
ISCR; CR; debt; GDP; present value; real GDP; core inflation; growth potential; debt service; growth in St. Vincent and the Grenadines; creating flow; private sector; sustainability framework; Public and publicly-guaranteed external debt; Fiscal stance; Caribbean; Global; North America; Northern Europe
Cover The Fund Agreement in the Courts, Vol. II
The Fund Agreement in the Courts, Vol. II
Mr. Joseph Gold

Abstract

Written by Joseph Gold, former General Counsel and now Senior Consultant at the IMF, these volumes contain discussions of the ever-increasing body of cases in which the Articles have had a bearing on issues before the courts.

Keywords:
BOOK; article; court; control regulation; exchange contract; Fund; exchange control regulation; unit of account; lower court; Exchange restrictions; Currencies; Exchange rates; Insurance; Europe; South America; Global
Cover Les procès d’assurance cubains et les Statuts du Fonds
Les procès d’assurance cubains et les Statuts du Fonds
International Monetary Fund
Keywords:
PAM; article; exchange control regulation; contract; regulation; exchange contract
Cover Cuban insurance Cases and the Articles of the Fund
Cuban insurance Cases and the Articles of the Fund
International Monetary Fund

Abstract

This paper discusses the Cuban insurance cases. The litigation in U.S. courts in which claims have been made under life insurance policies issued by U.S. or Canadian companies to applicants then resident in Cuba is the most extensive body of cases involving Article VIII, Section 2(6) that has come into the courts. The cases suggest that the benefits of Article VIII, Section 2(6), cease to be available to a country once it withdraws from the IMF, even in respect of contracts entered into when the country was a member. This conclusion seems to have been accepted by both courts and counsel in the cases.

Keywords:
PAM; article; exchange control regulation; contract; regulation; exchange contract; defendant company; life insurance contract; exchange resource; Currencies; Exchange restrictions; Insurance; Insurance companies