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Barbados: 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion

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  • International Monetary Fund

Abstract

This 2007 Article IV Consultation highlights that the economy of Barbados has been growing at a solid pace, and the outlook for 2007 is generally favorable. Robust output growth of about 4 percent is expected to continue in 2007, supported by tourism and construction. Inflation, which was pushed up in 2006 by higher energy prices and a temporary import surcharge, is set to decelerate to 5½ percent in 2007. However, the current account deficit, despite having narrowed in 2006, is still high and projected to remain unchanged at about 8½ percent of GDP.

Suggested Citation

  • International Monetary Fund, 2007. "Barbados: 2007 Article IV Consultation-Staff Report; and Public Information Notice on the Executive Board Discussion," IMF Staff Country Reports 2007/315, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/315
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    Cited by:

    1. Tatom, John, 2007. "Is Tax Policy Retarding Growth in Morocco?," MPRA Paper 6011, University Library of Munich, Germany.
    2. Guillermo Cruces & Gary S. Fields & David Jaume & Mariana Viollaz, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Brazil country study," WIDER Working Paper Series 071, World Institute for Development Economic Research (UNU-WIDER).
    3. Pantea Vaziri & Rachel Davidson & Linda Nozick & Mahmood Hosseini, 2010. "Resource allocation for regional earthquake risk mitigation: a case study of Tehran, Iran," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 53(3), pages 527-546, June.
    4. Guillermo Cruces & Gary S. Fields & David Jaume & Mariana Viollaz, 2015. "The growth-employment-poverty nexus in Latin America in the 2000s: Brazil country study," WIDER Working Paper Series wp-2015-71, World Institute for Development Economic Research (UNU-WIDER).

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