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weakened markedly, particularly in tourism and foreign direct investment (FDI)-related construction, the drivers of growth in … recent years. The drop-off in tourism receipts, FDI, and other capital flows could lead to a worsening of the balance …
Persistent link: https://www.econbiz.de/10011244309
that the growth outlook is improving with major tourism projects getting back on course, although a slow recovery is only …
Persistent link: https://www.econbiz.de/10011244852
identified. This revenue could help strengthen the state while maintaining growth potential, especially in the tourism and …
Persistent link: https://www.econbiz.de/10011244974
The staff report for Vanuatu’s 2009 Article IV Consultation discusses economic developments and policies. Vanuatu is well placed to take countercyclical measures should growth slow more than expected. Although close monitoring of banks is necessary given the rapid growth in the private...
Persistent link: https://www.econbiz.de/10011245100
for tourism is also improving. The reconstruction from a recent cyclone is expected to lead to both a temporary boost to …
Persistent link: https://www.econbiz.de/10011245232
construction and tourism. Inflation moderated to 2¾ percent (annual average) in FY2013 thanks to stable international food and …2014 and to 2¼–2½ percent over the medium term driven by the recovery in tourism and infrastructure developments. …
Persistent link: https://www.econbiz.de/10011245379
reflects developments in the tourism sector, has improved since mid-2000 reaching a balanced position in 2012. The overall CA … 2012, it recorded a surplus of 5 percent of GDP. In 2013, real output is projected to grow by 1¼ percent. Robust tourism …
Persistent link: https://www.econbiz.de/10011245459
public debt and debt servicing payments continue to rise. Tourism accounts for more than three-fourths of exports, and the …
Persistent link: https://www.econbiz.de/10011245547
Real regional gross domestic product (GDP) contracted by 6 percent in 2009, reflecting a collapse in tourist arrivals and foreign direct investment (FDI)-financed construction activity. The global financial and economic crisis has also exposed areas of significant weaknesses, notwithstanding...
Persistent link: https://www.econbiz.de/10011245828
This paper discusses key findings of the First Review Under the Policy Support Instrument (PSI) for Cape Verde. The PSI seeks to reduce macroeconomic risks, provides a margin of safety against exogenous shocks, and addresses the prospect of a longer-term decline in highly concessional external...
Persistent link: https://www.econbiz.de/10011245851