The Caribbean: From Vulnerability to Sustained Growth

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book The Caribbean: From Vulnerability to Sustained Growth by David Mr. Robinson, Paul Mr. Cashin, Ratna Ms. Sahay, INTERNATIONAL MONETARY FUND
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Author: David Mr. Robinson, Paul Mr. Cashin, Ratna Ms. Sahay ISBN: 9781452785684
Publisher: INTERNATIONAL MONETARY FUND Publication: September 14, 2006
Imprint: INTERNATIONAL MONETARY FUND Language: English
Author: David Mr. Robinson, Paul Mr. Cashin, Ratna Ms. Sahay
ISBN: 9781452785684
Publisher: INTERNATIONAL MONETARY FUND
Publication: September 14, 2006
Imprint: INTERNATIONAL MONETARY FUND
Language: English
This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the countries of the Eastern Caribbean Currency Union that are the focus of the book have enjoyed a sustained period of price and exchange rate stability, they have been buffeted in recent years by adverse shocks, including the erosion of trade preferences, declines in official foreign assistance, and frequent natural disasters. Strengthening their growth performance will require design of a multifaceted strategy that integrates the Caribbean with the global economy, facilitates an economic transformation from agriculture to tourism, fosters greater regional cooperation, and preserves macroeconomic stability. This volume examines the critical issues that are part of that process, including fiscal and financial sector policy, management of external flows, trade integration and tourism, macroeconomic cycles and volatility, and the economic implications of natural disasters.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the countries of the Eastern Caribbean Currency Union that are the focus of the book have enjoyed a sustained period of price and exchange rate stability, they have been buffeted in recent years by adverse shocks, including the erosion of trade preferences, declines in official foreign assistance, and frequent natural disasters. Strengthening their growth performance will require design of a multifaceted strategy that integrates the Caribbean with the global economy, facilitates an economic transformation from agriculture to tourism, fosters greater regional cooperation, and preserves macroeconomic stability. This volume examines the critical issues that are part of that process, including fiscal and financial sector policy, management of external flows, trade integration and tourism, macroeconomic cycles and volatility, and the economic implications of natural disasters.

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