Cover IMF Staff Country Reports
Buy Book in Print
Barbados: Staff Report for the 1999 Article IV Consultation
Author:
International Monetary Fund
Search for other papers by International Monetary Fund in
Current site
Google Scholar Close
Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1999: Issue 142
Language:
English
Publication Date:
20 Dec 1999
DOI:
https://doi.org/10.5089/9781451805963.002
ISBN:
9781451805963
ISSN:
1934-7685
Pages:
46
Keywords:
ISCR; CR; deficit; government; Barbadian authorities; authorities of Barbados; wage; Barbadian economy; single market; skillful management; Public sector; International reserves; Public sector wages; Caribbean
Download PDF (2.7 MB) Download Epub
This 1999 Article IV Consultation highlights that since the early 1990s, Barbados has been experiencing steady economic growth founded on prudent economic management and generally favorable external conditions. Economic policy has incorporated fiscal and wage restraint, consistent with the maintenance of the long-standing exchange parity with the U.S. dollar. In 1998, real GDP growth picked up, based on strong performances in the tourism and construction sectors, although a drought led to a decline in sugar output.
  • Collapse
  • Expand
Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund