06907oam 22015614 450 991097278190332120250426110553.0978661385038697814552458881455245887978145278568414527856869781283537933128353793197814519624681451962460(CKB)2470000000001349(EBL)3012485(SSID)ssj0000085737(PQKBManifestationID)11123855(PQKBTitleCode)TC0000085737(PQKBWorkID)10025517(PQKB)10503979(Au-PeEL)EBL3012485(CaPaEBR)ebr10300273(OCoLC)651835308(IMF)CVSGEE(IMF)CVSGEA(MiAaPQ)EBC3012485(Perlego)1668520CVSGEA(EXLCZ)99247000000000134920020129d2006 uf 0engur|n|---|||||txtccrThe Caribbean : From Vulnerability to Sustained Growth /David Robinson, Paul Cashin, Ratna Sahay1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (362 p.)BooksDescription based upon print version of record.9781589065147 158906514X Includes bibliographical references.Overview /Ratna Sahay, David O. Robinson, and Paul Cashin --Stabilization, debt, and fiscal policy in the Caribbean /Ratna Sahay --Fiscal policy: is the Eastern Caribbean Currency Union a free-riding paradise? /Rupa Duttagupta and Guillermo Tolosa --Key features of Caribbean business cycles /Paul Cashin --Islands of stability? Determinants of macroeconomic volatility in the Eastern Caribbean Currency Union /Tobias Rasmussen and Guillermo Tolosa --Eastern Caribbean Currency Union banking system in a time of fiscal challenge /Jingqing Chai --Natural disasters and their macroeconomic implications /Tobias Rasmussen --Government responses to natural disasters in the Caribbean /Paul Cashin and Pawel Dyczewski --Emigration and brain drain from the Caribbean /Prachi Mishra --Tax concessions and foreign direct investment in the Eastern Caribbean Currency Union /Jingqing Chai and Rishi Goyal --Eastern Caribbean tourism: developments and outlook /Ruby Randall --Integration and growth in the Eastern Caribbean /Montfort Mlachila, Wendell Samuel, and Patrick Njoroge.This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the countries of the Eastern Caribbean Currency Union that are the focus of the book have enjoyed a sustained period of price and exchange rate stability, they have been buffeted in recent years by adverse shocks, including the erosion of trade preferences, declines in official foreign assistance, and frequent natural disasters. Strengthening their growth performance will require design of a multifaceted strategy that integrates the Caribbean with the global economy, facilitates an economic transformation from agriculture to tourism, fosters greater regional cooperation, and preserves macroeconomic stability. This volume examines the critical issues that are part of that process, including fiscal and financial sector policy, management of external flows, trade integration and tourism, macroeconomic cycles and volatility, and the economic implications of natural disasters.BooksFiscal policyCaribbean AreaBusiness cyclesCaribbean AreaNatural disastersEconomic aspectsCaribbean AreaTourismCaribbean AreaBrain drainCaribbean AreaBanksimfClimateimfCurrencyimfDebts, PublicimfDepository InstitutionsimfEmigration and immigrationimfEnvironmentimfExchange rate arrangementsimfExports and ImportsimfFiscal PolicyimfFiscal policyimfFiscal stanceimfForeign ExchangeimfForeign exchangeimfGlobal WarmingimfInternational economicsimfInternational MigrationimfMacroeconomicsimfMicro Finance InstitutionsimfMigrationimfMigration, immigration & emigrationimfMortgagesimfNatural Disasters and Their ManagementimfNatural DisastersimfNatural disastersimfPopulation and demographicsimfPublic debtimfPublic finance & taxationimfPublic FinanceimfTax incentivesimfTaxation, Subsidies, and Revenue: GeneralimfCaribbean AreaEconomic conditionsAntigua and BarbudaimfFiscal policyBusiness cyclesNatural disastersEconomic aspectsTourismBrain drainBanksClimateCurrencyDebts, PublicDepository InstitutionsEmigration and immigrationEnvironmentExchange rate arrangementsExports and ImportsFiscal PolicyFiscal policyFiscal stanceForeign ExchangeForeign exchangeGlobal WarmingInternational economicsInternational MigrationMacroeconomicsMicro Finance InstitutionsMigrationMigration, immigration & emigrationMortgagesNatural Disasters and Their ManagementNatural DisastersNatural disastersPopulation and demographicsPublic debtPublic finance & taxationPublic FinanceTax incentivesTaxation, Subsidies, and Revenue: GeneralRobinson David169253Cashin Paul1813246Sahay Ratna1083526International Monetary Fund.DcWaIMFBOOK9910972781903321The Caribbean4366164UNINA