Barbados: Staff Report for the 2000 Article IV Consultation

December 4, 2000

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Barbados: Staff Report for the 2000 Article IV Consultation, (USA: International Monetary Fund, 2000) accessed December 26, 2024

Summary

Barbados has a stable political system, and there is long-standing public consensus on key economic policies, including a fixed exchange rate with the U.S. dollar supported by prudent fiscal and wage policies. Owing to job creation mainly in the private sector, particularly construction, the unemployment rate continued to decline, reaching 9.8 percent at the end of 1999, 2 percentage points lower than a year before. The authorities' medium-term strategy aims at stabilizing and restructuring the economy to address ongoing trade liberalization.

Subject: Economic sectors, External debt, Financial services, Offshore financial centers, Public debt, Public enterprises, Public sector

Keywords: Bankruptcy bill, Caribbean, CR, Deficit, Global, Government, ISCR, Liberalization, Offshore financial centers, Private sector confidence, Public enterprises, Public sector, Telecommunication sector, Tourism sector, Zero-tolerance policy

Publication Details

Pages:

45
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/158
Stock No:

1BRBEA0012000
ISBN:

9781451805970
ISSN:

1934-7685

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