Macroeconomic Developments and Selected Issues in Small Developing States

March 9, 2015

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Macroeconomic Developments and Selected Issues in Small Developing States, (USA: International Monetary Fund, 0) accessed November 9, 2024

Summary

This report builds on the work in the 2013 Board paper on Fund Engagement with Small States, the 2013 background papers on Asian and Pacific small states and Caribbean small states, and the 2014 staff guidance note. It provides a deeper analysis and policy recommendations in respect of three challenges identified in these papers. Looking ahead, the paper also analyses the impact and possible policy responses to two global economic trends—lower oil prices and diverse movements in major currencies.

Subject: Banking sector, Debt sustainability, Devaluation, Developing countries, Economic growth, External shocks, Financial systems, Fiscal management, Fiscal policy, Government expenditures, Selected issues, Small states

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