St. Lucia: Staff Report for the 2000 Article IV Consultation

January 30, 2002

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St. Lucia: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2002) accessed November 24, 2024

Summary

This 2000 Article IV Consultation highlights that after a period of slow growth in the mid-1990s, mainly owing to a decline in banana output, economic growth of St. Lucia has improved since 1998. In 1998–99, real GDP rose by an average of 3 percent a year. Executive Directors have stressed that further diversification and enhancements to international competitiveness are needed to permanently raise long-term growth and to reduce the external vulnerability of the economy, particularly in light of the market uncertainties facing the crucial banana industry.

Subject: Commodities, Economic sectors, International trade, Taxes

Keywords: Agricultural commodities, Banana industry, Banana production, Caribbean, Consumption taxes, CR, Deficit, Economy, GDP, ISCR, Property taxation, Public enterprises, Public sector, Service exports, Tong term growth, Tourism in St. Lucia

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2002/013
Stock No:

1LCAEA0012002
ISBN:

9781451823165
ISSN:

1934-7685

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