Showing 1 - 10 of 17
-Access Component of the Exogenous Shocks Facility. The global economic downturn has led to a significant decline in tourism, which …
Persistent link: https://www.econbiz.de/10011242564
investment and private credit. Tourism tumbled following an airline bankruptcy, and construction activity fell as major …
Persistent link: https://www.econbiz.de/10011242566
dominate. Highly dependent on tourism, imports of food and fuel, and foreign aid, Palau remains vulnerable to external …
Persistent link: https://www.econbiz.de/10011242600
relations and hurt business confidence. Fiji’s economy is expected to have contracted by 2½ percent in 2009, reflecting the … 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
and fall in bank profitability. The country remains vulnerable to external shocks, given its dependence on tourism …
Persistent link: https://www.econbiz.de/10011243164
reached 5 percent in 2014 with stronger tourism activity driven by a rapid expansion from Asian markets and a tepid recovery …
Persistent link: https://www.econbiz.de/10011243228
This 2013 Article IV Consultation highlights that Montenegro’s recovery from the collapse of the lending boom in 2008 has been slowed by the debt overhang that remains in the private sector. Output contracted in 2012 because of unusually severe winter weather early in the year, as well as...
Persistent link: https://www.econbiz.de/10011243454
This 2008 Article IV Consultation highlights that the main challenge for Maldives is to contain fiscal expenditures that have increased sharply following the tsunami. Expenditure has reached extraordinarily high levels by international and historical standards, with the majority of the increase...
Persistent link: https://www.econbiz.de/10011243767
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
that the growth outlook is improving with major tourism projects getting back on course, although a slow recovery is only …
Persistent link: https://www.econbiz.de/10011244852