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dc.titleCaribbean Region Quarterly Bulletin: Volume 6: Issue 3: September 2017
dc.contributor.authorClarke, Dillon
dc.contributor.authorKhadan, Jeetendra
dc.contributor.authorLorde, Kishmar
dc.contributor.authorPradelli, Juan Jose
dc.contributor.authorSchmid, Juan Pedro
dc.contributor.authorWaithe, Kimberly
dc.contributor.authorWenner, Mark D.
dc.contributor.authorWright, Allan
dc.contributor.orgunitCountry Department Caribbean Group
dc.coverageBahamas
dc.coverageBarbados
dc.coverageGuyana
dc.coverageJamaica
dc.coverageSuriname
dc.coverageTrinidad and Tobago
dc.coverageThe Caribbean
dc.date.available2017-10-04T00:00:00
dc.date.issue2017-09-30T00:00:00
dc.description.abstractAll countries in the Caribbean face fiscal challenges. On the one hand, the countries that depend on tourism – Jamaica, Barbados, and The Bahamas – are at different stages of dealing with the tailwinds from the 2009 global financial crisis. All are making adjustments, with Jamaica ahead because it started aggressive fiscal consolidation in 2013. On the other hand, the commodity-exporting countries of Suriname and Trinidad and Tobago, which were relatively unscathed by the global financial crisis, have been strongly affected by the fall in international commodity prices in the last three years, especially oil. Guyana is an outlier, with strong growth supported by elevated gold prices. The introductory section summarizes fiscal challenges facing the region. As in the country sections that follow, we explore issues related to debt, revenue, and expenditure, then conclude with policy recommendations.
dc.format.extent47
dc.identifier.doihttp://dx.doi.org/10.18235/0008153
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Caribbean-Region-Quarterly-Bulletin-Volume-6-Issue-3-September-2017.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFiscal Policy
dc.subjectEconomic Development
dc.subjectTax Collection
dc.subject.keywordsFiscal deficit;revenues;taxation;public expenditure;economic updates
dc.typeMagazines, Journals and Newsletters
idb.identifier.pubnumberMagazines, Journals & Newsletters
idb.operationRG-P1697
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