IMF Staff Country Reports

Barbados: 2010 Article IV Consultation-Selected Issues

December 15, 2010

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Barbados: 2010 Article IV Consultation-Selected Issues, (USA: International Monetary Fund, 2010) accessed December 25, 2024

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Summary

The short-term recovery of the Barbados economy will critically depend on the rebound of demand for its services in its traditional markets. As a small tourist-dependent economy with a fixed exchange rate and volatile capital inflows, Barbados could shore up its external sector through fiscal consolidation and structural reforms to raise sustainable growth rates. Barbados’s financial system appears to have been broadly resilient up to now; preserving its soundness in an environment weakened by the recession requires strengthening the regulatory and supervisory framework.

Subject: Balance of payments, Current account, Current account balance, External debt, Foreign exchange, Real effective exchange rates, Real exchange rates

Keywords: Asset, Bank assets, Barbados, Barbados economy, Caribbean, CR, Current account, Current account balance, East Asia, Global, IMF staff calculation, IMF staff estimate, ISCR, Loan, Real effective exchange rates, Real exchange rates, Trend total factor productivity

Publication Details

  • Pages:

    43

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2010/364

  • Stock No:

    1BRBEA2010002

  • ISBN:

    9781455212842

  • ISSN:

    1934-7685

Notes