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220928 ||| eng |
| 020 |
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|a 9781513536224
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| 245 |
0 |
0 |
|a Eastern Caribbean Currency Union
|b 2019 Discussion on Common Policies of Member Countries-Press Release; Staff Report; and Statement by the Executive Director for the Eastern Caribbean Currency Union
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2020
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| 300 |
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|a 79 pages
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| 651 |
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4 |
|a Eastern Caribbean Currency Union
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| 653 |
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|a Payment Systems
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| 653 |
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|a Public debt
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Distributed ledgers
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| 653 |
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|a Public finance & taxation
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Banks and banking
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| 653 |
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|a Regimes
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| 653 |
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|a Taxes
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| 653 |
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|a Natural Disasters
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| 653 |
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|a Climate
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| 653 |
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|a Debts, Public
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| 653 |
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|a Technological innovations
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| 653 |
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|a Mortgages
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| 653 |
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|a Standards
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| 653 |
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|a Financial markets
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| 653 |
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|a Global Warming
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| 653 |
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|a Credit bureaus
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| 653 |
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|a Banking
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| 653 |
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|a Taxation
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Institutional Investors
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| 653 |
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|a Pension Funds
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| 653 |
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|a Natural Disasters and Their Management
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| 653 |
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|a Technology
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| 653 |
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|a Environment
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| 653 |
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|a Financial Instruments
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| 653 |
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|a Debt Management
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Debt
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| 653 |
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|a International economics
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| 653 |
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|a Digital currencies
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| 653 |
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|a Sovereign Debt
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| 653 |
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|a Non-bank Financial Institutions
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| 653 |
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|a Taxation, Subsidies, and Revenue: General
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Financial services industry
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| 653 |
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|a Tax incentives
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| 653 |
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|a Natural disasters
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| 653 |
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|a Public Finance
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| 653 |
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|a Finance: General
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| 653 |
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|a Credit ratings
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| 710 |
2 |
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|a International Monetary Fund
|b Western Hemisphere Dept
|
| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Staff Country Reports
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| 028 |
5 |
0 |
|a 10.5089/9781513536224.002
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2020/070/002.2020.issue-070-en.xml?cid=49248-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a This paper presents IMF’s 2019 Discussion on Common Policies of Member Countries of the Eastern Caribbean Currency Union (ECCU). ECCU’s gross domestic product (GDP) growth accelerated from 3/4 percent in 2017 to 3 3/4 percent in 2018, reflecting buoyancy in the tourism sector, sizable Citizenship-by-Investment (CBI) inflows, and a recovery from the 2017 hurricanes in Anguilla and Dominica, which were supported by large public investments in reconstruction. Fiscal deficits increased in 2018–2019, but they have remained moderate. Efforts are needed to streamline, and re-balance tax incentives based on clear principles consistent with international best practices. External imbalances are sizable and significant financial sector vulnerabilities affect both banks and non-banks. Growth is projected to gradually moderate toward its long-term average of 2 1/4 percent as the cyclical momentum normalizes and CBI inflows ease. These trends would also contribute to wider fiscal deficits, ending the downward drift in public debt dynamics. The outlook is clouded by downside risks, including a possible intensification of natural disasters and financial sector weaknesses
|