Eastern Caribbean Currency Union; 2004 Regional Surveillanceâ€”Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director on the Eastern Caribbean Currency Union

The staff report for the 2004 Regional Surveillance on the Eastern Caribbean Currency Union (ECCU) focuses on the economic developments and near-term prospects. The fiscal position of the governments in the region has deteriorated sharply in recent years and resulted in a marked increase in public sector debt. Efforts in the region have focused on strengthening the supervisory and regulatory regimes in both the domestic banking sector and the offshore financial sector. Enhanced regional cooperation could also help broaden markets and provide opportunities to achieve economies of scale.

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Year of publication:	2004-09-22
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Eastern Caribbean Currency Union \| Staff Reports \| public debt \| current account \| central bank \| currency board \| external debt \| public sector debt \| fiscal balances \| debt service \| balance of payments \| fiscal adjustment \| tax base \| public expenditure \| public finance \| fiscal imbalances \| debt restructuring \| debt sustainability \| fiscal rules \| public expenditures \| debt accumulation \| fiscal stance \| indebted countries \| current account balance \| budget balances \| fiscal balance \| debt strategy \| fiscal policies \| current account deficits \| domestic debt \| debt ratios \| account deficits \| fiscal consolidation \| external public debt \| debt management \| debt stocks \| fiscal deficits \| fiscal years \| tax policy \| fiscal surpluses \| debt service payments \| commercial creditors \| government revenue \| tax reform \| debt stock \| public debt management \| external shocks \| government debt \| fiscal position \| fiscal discipline \| fiscal management \| structural adjustment \| capital expenditures \| external borrowing \| fiscal stances \| debt problems \| current account deficit \| debt servicing \| public finances \| tax revenue \| expenditure reform \| fiscal positions \| primary fiscal balance \| tax revenues \| highly indebted countries \| public spending \| private sector debt \| fiscal performance \| government spending \| tax systems \| currency debt \| expenditure adjustments \| fiscal resources \| fiscal revenues \| tax burden \| fiscal impact \| fiscal consolidation effort \| debt ? ? ? ? ? ? ? ? ? ? ? ? outstanding \| debt exchange \| budgetary process \| fiscal savings \| fiscal prudence \| expansionary fiscal \| fiscal difficulties \| national fiscal rules \| fiscal outcomes \| fiscal liabilities \| external debt service \| fiscal policy responses \| fiscal sustainability \| fiscal authorities \| total external debt \| debt relief \| fiscal data \| debt management strategy \| expansionary fiscal policies \| fiscal policy \| administrative improvements \| fiscal responsibility laws \| tax incentives \| government expenditure \| tax breaks \| domestic financing \| external financing \| fiscal pressures \| debt burden \| tax administration \| central government fiscal \| fiscal responsibility \| fiscal situation \| budgetary position \| bilateral donors \| fiscal profligacy \| ratio of government expenditure \| external debt servicing \| reduction in tax \| fiscal crisis \| tax system

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 04/299 6 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005598902