Dominica Recent Economic Developments
This paper describes economic developments in Dominica during the 1990s. The paper highlights that despite the low overall growth rates observed in 1991–95, output in service-related industries grew rapidly. The hotels and restaurants sector expanded at a yearly average rate of 7.5 percent in 1991–9...
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
1997
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Series: | IMF Staff Country Reports
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This paper describes economic developments in Dominica during the 1990s. The paper highlights that despite the low overall growth rates observed in 1991–95, output in service-related industries grew rapidly. The hotels and restaurants sector expanded at a yearly average rate of 7.5 percent in 1991–95, while Dominica’s tourism receipts increased at an average annual rate of about 9 percent. Tourism expansion also stimulated transportation services, and value added in the transportation sector grew on average by 4½ percent annually |
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Physical Description: | 72 pages |
ISBN: | 9781451810745 |