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This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes … from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small open economy highly dependent … on tourism and the offshore financial sector. Private consumption expenditure in the country or countries of origin is …
Persistent link: https://www.econbiz.de/10005252900
-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
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
This paper presents key findings of the Fourth Review for the Gambia under the three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). The Gambia remains at high risk of debt distress. Overall performance under the PRGF-supported program has been satisfactory, but downside...
Persistent link: https://www.econbiz.de/10011243173
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
to the rest of the Caribbean. Tourism accounts for three-fifths of exports, and the import content of consumption and …
Persistent link: https://www.econbiz.de/10011243588