Belize: Recent Economic Developments

International Monetary Fund

No 1998/109, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper describes economic developments in Belize during the 1990s. Economic activity slackened in 1993–97, with a sharp slowdown in domestic investment and a sluggish performance of services following the withdrawal in 1994 of the United Kingdom garrison that had been stationed in Belize. Investment fell from its peak of 32 percent of GDP in 1993 to 23¾ percent of GDP in 1997 as both public and private capital formation declined, and national savings fell from 23 percent of GDP in 1993 to 18 percent of GDP in 1997.

Keywords: ISCR; CR; balance of payments; economic activity; percent of GDP; capital account; debt service; current account; exchange rate; central bank building; free market; trade balance; capital flow; public sector deficit; fiscal year; consumer goods; Public sector; Commercial banks; Exports; Credit; Caribbean; Central America; Europe (search for similar items in EconPapers)
Pages: 96
Date: 1998-10-28
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=2814 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1998/109

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().