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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
is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … are islands have limited growth. Policies aimed at improving productivity, further development of the tourism sector, and …
Persistent link: https://www.econbiz.de/10011242282
tourism for a number of PICs. Moreover, if a strong two-way linkage is established between tourism and agriculture, Pacific …
Persistent link: https://www.econbiz.de/10010959471
This Selected Issues paper analyzes sustaining potential growth in Aruba. As in the other Caribbean countries, there are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth. Tackling such concerns...
Persistent link: https://www.econbiz.de/10011245149
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Persistent link: https://www.econbiz.de/10010878421
This Selected Issues paper examines implications of capital account liberalization in Iceland. Capital controls were critical in 2008 to avoid a more severe collapse of the Icelandic economy. Six years later, capital inflows have been liberalized, but most outflows remain restricted. Iceland has...
Persistent link: https://www.econbiz.de/10011244178
This paper discusses key findings of the 2005 Status Report on Poverty Reduction Strategy Paper (PRSP) on Niger. The report is based on an assessment of economic and financial performance and sectoral policy and strategy implementation in 2005. The findings reveal that implementation of the...
Persistent link: https://www.econbiz.de/10011244221
The note gives statistical data on Aruba with regard to indicators of tourism activity, components of GDP, real GDP …
Persistent link: https://www.econbiz.de/10011244234
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
This paper reports on progress made on Nicaragua’s National Human Development Plan as of 2010. The operational goal for Nicaragua’s National Human Development Plan is economic growth with increased employment and reduced inequality and poverty. The results for 2007–10...
Persistent link: https://www.econbiz.de/10011244377