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Tsounta, Evridiki - International Monetary Fund (IMF) - 2008

This paper investigates the determinants of tourism demand in the Eastern Caribbean Currency Union. We estimate the … demand function in a panel setting using annual data from 1979 to 2005. Results show that tourism arrivals are significantly … servicing a destination, are also found to be significant determinants of tourism demand. …

Persistent link: https://www.econbiz.de/10005769110

St. Kitts and Nevis; 2009 Article IV Consultation and Request for Emergency Natural Disaster Assistance: Staff Report; Public Information Notice and Press Release on the Executive...

International Monetary Fund (IMF); International … - 2009

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

St. Lucia; 2008 Article IV Consultation: Staff Report; Staff Supplement, and Public Information Notice on the Executive Board Discussion.

International Monetary Fund (IMF); International … - 2008

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

Spillovers From Europe Into Morocco and Tunisia

Florea, Daniel; Toujas-Bernate, Joël; Bock, Reinout De - International Monetary Fund (IMF) - 2010

growth in Morocco and Tunisia. For Tunisia, exports and, to a much lesser extent, tourism appear to be the major transmission … channels. In Morocco, exports, remittances and tourism play relatively equal roles. An analysis with sectoral data supports …

Persistent link: https://www.econbiz.de/10008727792

Fiji; 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Fiji

International Monetary Fund (IMF); International … - 2010

adverse impact of the global crisis on exports and tourism. Recent developments have put considerable pressure on the budget …

Persistent link: https://www.econbiz.de/10011242701

Sierra Leone; Poverty Reduction Strategy Paper-Progress Report

International Monetary Fund (IMF); International … - 2008

This report describes the progress made in implementing the Poverty Reduction Strategy Paper for Sierra Leone covering the period 2005â€“07. Efforts to reform the public sector were not successful. Management and Functional Reviews were conducted for several ministries, departments, and...

Persistent link: https://www.econbiz.de/10011243099

Haiti; Poverty Reduction Strategy Paper: Progress Report

International Monetary Fund (IMF); International … - 2012

The progress report on Haitiâ€™s Poverty Reduction Strategy Paper is discussed. The Action Plan for National Recovery and Development of Haiti has been presented to the international community at the United Nations conference in New York in March 2010. The plan presents immediate responses...

Persistent link: https://www.econbiz.de/10011244113

Mongolia; Request for Stand-By Arrangement: Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Mongolia

International Monetary Fund (IMF); International … - 2009

This paper focuses on proposed Stand-By arrangement (SBA) for Mongolia. This proposed SBA would aim to smooth adjustment to the catastrophic terms-of-trade shock, restore health to the countryâ€™s fiscal finances, and allow for exchange rate flexibility in line with market conditions. In...

Persistent link: https://www.econbiz.de/10011242535

Rapid Current Account Adjustments; Are Microstates Different?

Imam, Patrick A. - International Monetary Fund (IMF) - 2008

We describe unique aspects of microstates-they are less diversified, suffer from lumpiness of investment, they are geographically at the periphery and prone to natural disasters, and have less access to capital markets-that may make the current account more vulnerable, penalizing exports and...

Persistent link: https://www.econbiz.de/10005826402

Commodity Price Shocks and Fiscal Outcomes

Samaké, Issouf; Spatafora, Nicola - International Monetary Fund (IMF) - 2012

The experience of developing countries over 1990-2010 indicates that commodity prices have a significant impact on fiscal outcomes. Both revenue and expenditure rise in response to commodity (import or export) price increases; the response of the fiscal deficit is ambiguous. A floating exchange...

Persistent link: https://www.econbiz.de/10010790362