Trinidad and Tobago: Selected Issues

January 8, 2007

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Format: Chicago

Trinidad and Tobago: Selected Issues, (USA: International Monetary Fund, 2007) accessed December 22, 2024

Summary

This Selected Issues paper analyzes medium-term fiscal sustainability in Trinidad and Tobago. The paper focuses on the challenge of distributing the nonrenewable resource wealth across generations. Its recommendations are geared toward the goal of intergenerational distribution and therefore focus on the transformation of the natural resource wealth into other assets. The paper reviews the main aspects of the monetary transmission mechanism in Trinidad and Tobago, and also offers some suggestions to improve the effectiveness of monetary policy transmission.

Subject: Central banks, Energy prices, Energy pricing, Fiscal policy, Fiscal sustainability, Monetary policy, Monetary transmission mechanism, Oil prices, Open market operations, Prices

Keywords: Caribbean, CR, Energy deficit, Energy GDP, Energy prices, Fiscal sustainability, GDP, Government take, Growth assumption, Interest rate, ISCR, Monetary policy independence, Monetary transmission mechanism, Oil prices, Open market operations, Price

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/008
Stock No:

1TTOEA2007001
ISBN:

9781451837674
ISSN:

1934-7685

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