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dc.titleCaribbean Region Quarterly Bulletin: Volume 5: Issue 4: December 2016
dc.contributor.authorRuprah, Inder J.
dc.contributor.authorWright, Allan
dc.contributor.authorThomas, Chrystol
dc.contributor.authorWenner, Mark D.
dc.contributor.authorSchmid, Juan Pedro
dc.contributor.authorPradelli, Juan Jose
dc.contributor.authorClarke, Dillon
dc.contributor.authorWaithe, Kimberly
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageTrinidad and Tobago
dc.coverageBarbados
dc.coverageJamaica
dc.coverageBahamas
dc.coverageGuyana
dc.coverageSuriname
dc.coverageThe Caribbean
dc.date.available2016-12-20T00:00:00
dc.date.issue2016-12-19T00:00:00
dc.description.abstractThe macroeconomic performance of the countries in the Country Caribbean Department on average worsened in 2016 but is expected to improve in 2017. However, downside risks remain, including heightened uncertainty related to Brexit, the performance of the world economy and the new United States administration. The average performance in 2016 was driven by the weak economic performance of the commodity-producing countries while tourism-dependent countries benefited from lower oil prices and strong tourism demand. However, the fiscal situation remains challenging for all countries and the Caribbean has become one of the most indebted regions in the world. This edition of the Quarterly Bulletin discusses recent economic developments in the Caribbean and provides an outlook for 2017 and beyond. In addition, given weak economic growth accompanied by fiscal challenges, it explores whether changes in fiscal policy could accelerate growth. The bulletin spans the six IDB-member Caribbean countries as well as the Organisation of Eastern Caribbean States. The countries are The Bahamas, Barbados, Guyana, Jamaica, Suriname and Trinidad and Tobago.
dc.format.extent53
dc.identifier.doihttp://dx.doi.org/10.18235/0008145
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Caribbean-Region-Quarterly-Bulletin-Volume-5-Issue-4-December-2016.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectRegional Export
dc.subjectTourism
dc.subjectPublic Debt
dc.subjectMacroeconomy
dc.subjectOil Price
dc.subjectGDP Growth
dc.subjectFiscal Deficit
dc.subjectPublic Expenditure
dc.subjectUnemployment Rate
dc.subjectRemittance
dc.subjectPublic Finance
dc.subject.jelcodeE62 - Fiscal Policy
dc.subject.jelcodeH60 - National Budget, Deficit, and Debt: General
dc.subject.jelcodeO11 - Macroeconomic Analyses of Economic Development
dc.subject.jelcodeO23 - Fiscal and Monetary Policy in Development
dc.subject.jelcodeO54 - Latin America • Caribbean
dc.subject.keywordsCaribbean;commodity prices;economic outlook;fiscal consolidation;debt;tourism
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberMagazines, Journals & Newsletters
idb.operationRG-P1675
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