The Bahamas: 2005 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for The Bahamas
Volume/Issue:
Volume 2005
Issue 223
Publication date: July 2005
ISBN: 9781451804713
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
| English |
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book
This title contains information about the following subjects.
Click on a subject if you would like to see other titles with the same subjects.
Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Industries - Hospitality Travel and Tourism , ISCR , CR , government , Bahamian authorities , economy , government debt , , revenue regime , government endeavor , central government , credit freeze , Tourism , International reserves , Public sector , Monetary base , Caribbean , Global
Also of interest
Summary
The Bahamas’s 2005 Article IV Consultation reports that the economic slowdown has contributed to deterioration in the fiscal accounts. The Bahamas is a small, open, and relatively wealthy economy, which is highly dependent on tourism from the United States and offshore financial activities. Offshore financial activities have developed rapidly since the early 1990s and account for roughly 15 percent of GDP. This has reduced the economy’s dependence on the tourism sector, which is focused on the higher end of the U.S. market but still accounts for one-fourth of GDP.
Copyright © 2010 - 2025
Powered by:
AIDC
