Kingdom of the Netherlands—Aruba: Selected Issues and Statistical Appendix

International Monetary Fund

No 2005/203, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix for the Kingdom of the Netherlands—Aruba underlies long-term growth and fiscal sustainability. Aruba’s fiscal position has been deteriorating since the turn of the century, and the medium-term fiscal sustainability analysis shows a continuous weakening ahead of population aging. An upfront and ambitious fiscal consolidation, significantly lowering the deficit and reducing the level of public debt, seems necessary. On the pension front, measures could include increasing the mandatory retirement age and expanding the contribution base.

Keywords: ISCR; CR; Aruba; IMF staff estimate; General Old Age pension scheme; public finance; interest cost; worker GDP; IMF projection; Aging; Fiscal stance; Real interest rates; Labor productivity; Africa (search for similar items in EconPapers)
Pages: 29
Date: 2005-06-15
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18334 (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:2005/203

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 ().