Kingdom of the Netherlands: Netherlands Antilles: Selected Issues and Statistical Appendix

International Monetary Fund

No 2006/117, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper for the Kingdom of the Netherlands reports the Antillean economy lacks natural resources and is open and undiversified, relying mainly on exports of services such as tourism, international financial services, shipping, and oil refining. Exports and domestic consumer spending, both private and public, drove the economic recovery. Economic growth in the United States and the appreciation of the euro against the national currency contributed to the strong performance in the tourism sector.

Keywords: ISCR; CR; market; rate of inflation; economy; island government of Curaçao; Antillean economy; banking sector; financial institution; deficit financing; standard of living; nominal GDP; investment funds; wage freeze; development aid; geographical location; trade credit; Financial sector; Inflation; International capital markets; Tourism; Caribbean (search for similar items in EconPapers)
Pages: 30
Date: 2006-03-31
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