| Description |
1 online resource (68 pages) : color illustrations |
| Series |
IMF country report ; no. 16/276 |
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IMF country report ; no. 16/276.
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| Contents |
Cover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK AND RISKS; POLICY DISCUSSIONS; A. Growth and Competitiveness; B. Strengthening Fiscal Framework and Building Buffers; C. Maintaining Financial Stability; STAFF APPRAISAL; BOXES; 1. Progress on 2014 Article IV Policy Recommendations; 2. Labor Market Issues; 3. Fiscal Risks and State-owned enterprises; FIGURE; 1. Key Indicators for Curaçao and Sint Maarten in a Regional Comparison; TABLES; 1. Curaçao: Selected Economic and Financial Indicators, 2011-21; 2. Sint Maarten: Selected Economic and Financial Indicators, 2011-21 |
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3. Curaçao and Sint Maarten: Monetary Survey4. Curaçao and Sint Maarten: Financial Soundness Indicators, 2007-15; 5. Curaçao and Sint Maarten: Balance of Payments, 2011-21; 6. Curaçao: Balance of Payments, 2011-21; 7. Sint Maarten: Balance of Payments, 2011-21; 8. Curaçao: Government Operations, 2011-21; 9. Sint Maarten: Government Operations, 2011-21; ANNEXES; I. Risk Assessment Matrix (RAM); II. External Sector Assessment; III. Debt Sustainability Analysis; IV. Curaçao's Exposure to a Potential Economic Disruption in Venezuela; V. Risks Related to Pensions and Social Security |
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VI. Curaçao's Offshore Financial SectorCONTENTS; FUND RELATIONS; STATISTICAL ISSUES |
| Summary |
The currency union of Curaçao and Sint Maarten has important strengths, including a high level of development, good infrastructure, and relatively low public debt. However, preserving these going forward will require surmounting some critical challenges. GDP per capita is already at high-income country levels, but the islands must combat lackluster growth and high unemployment levels by addressing weak competitiveness and improving the investment environment. The fiscal situation remains relatively stable, following the debt relief in 2010, but sustained efforts on fiscal and structural reforms are required to lock in gains and ensure continued fiscal and debt sustainability. The authorities' structural reform plans are welcomed, but continuity in policy will be essential going forward, particularly in the context of the upcoming elections in both countries, scheduled for September 2016 |
| Notes |
"August 2016." |
| Bibliography |
Includes bibliographical references |
| Notes |
Online resource; title from pdf title page (IMF.org website, viewed September 26, 2016) |
| Subject |
International Monetary Fund -- Curaçao
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International Monetary Fund -- Sint Maarten
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| SUBJECT |
International Monetary Fund fast |
| Subject |
Monetary unions -- Curaçao
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Monetary unions -- Sint Maarten
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Economic development -- Curaçao
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Economic development -- Sint Maarten
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Economic forecasting -- Curaçao
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Economic forecasting -- Sint Maarten
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Financial risk management -- Curaçao
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Financial risk management -- Sint Maarten
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Fiscal policy -- Curaçao
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Fiscal policy -- Sint Maarten
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Economic development
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Economic forecasting
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Financial risk management
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Fiscal policy
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Monetary unions
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Curaçao
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Sint Maarten
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| Form |
Electronic book
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| Author |
International Monetary Fund, publisher.
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| ISBN |
9781475527506 |
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1475527500 |
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9781475527285 |
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1475527284 |
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