Eastern Caribbean Currency Union; Selected Issues

This Selected Issues paper analyzes the competitive threats to the tourism sector in the Eastern Caribbean Currency Union (ECCU). The paper concludes that the ECCU countries have lost competitiveness globally and vis-à-vis newly emergent Caribbean tourist destinations as a result of both price and nonprice factors. The short-term measures implemented by the countries seem to have been insufficient to prevent further declines in 2002. The paper also describes strengthening fiscal discipline through fiscal benchmarks.

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Year of publication:	2003-03-28
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Eastern Caribbean Currency Union \| Selected issues \| tourism \| tourist \| tourism organization \| cruise passenger \| tourist arrivals \| world tourism \| tourism receipts \| tourism industry \| tourists \| cruise passengers \| tourism expenditure \| cruise ship \| cruise arrivals \| world tourism organization \| tourism organizations \| tourist accommodation \| tourism enterprises \| cruise tourism \| regional tourism \| cruise ships \| hotel rooms \| national tourism \| sustainable tourism \| tourist destinations \| cruise ship industry \| tourism developments \| caribbean coast \| tourism development \| sustainable tourism industry \| public tourism organizations \| environmental impact assessments \| tourist facilities \| retail trade \| mass tourism \| consumer demand \| tour companies \| travel research \| airline industry \| tourist accommodations \| regional tourism industry \| tourist market \| tourism promotion \| national tourism organizations \| tourism facilities \| sustainable tourism development \| hotel registrations \| tourism sector \| hotel industry \| public tourism \| tourism product \| expansion of tourism \| hospitality sector \| tourism market \| visitor spending \| hotel associations

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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 03/88 13 pages long
Source:	RePEc - Research Papers in Economics

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