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Economic outlook: St. Vincent and the Grenadines’ economic recovery from the global economic crisis has been curbed by a series of significant natural disasters, while rehabilitation and reconstruction costs have pushed current account and fiscal deficits higher. After an estimated 1.1 percent...
Persistent link: https://www.econbiz.de/10014412354
This paper describes economic developments in St. Vincent and the Grenadines during the 1990s. Between 1990 and 1995, real GDP growth (at factor costs) averaged 4 percent per year, but varied widely from year to year, largely reflecting developments in the banana industry, St. Vincent’s...
Persistent link: https://www.econbiz.de/10014397473
This report analyzes economic developments in St. Vincent and the Grenadines in the first half of the 1990s. Real GDP increased at an average annual rate of 5 percent in 1988–93, reflecting sustained growth in most sectors except for agriculture and manufacturing, which showed some volatility....
Persistent link: https://www.econbiz.de/10014397814
This 1999 Article IV Consultation highlights that during 1990–98, St. Vincent and the Grenadines’ real annual GDP growth and inflation averaged 4 percent and 3 percent, respectively. Tourism’s importance to the economy grew, and agriculture’s fell, with other sectors’ contributions...
Persistent link: https://www.econbiz.de/10014398363
Persistent link: https://www.econbiz.de/10009508842
KEY ISSUES Background: Activity is slowly recovering after a cumulative decline of about 5 percent during 2008-10. Expansionary fiscal policies-largely to counteract the impact of the global slowdown and the two successive natural disasters-led to a deterioration in fiscal balances, with public...
Persistent link: https://www.econbiz.de/10010460857