Trinidad and Tobago: Selected Issues

International Monetary Fund

No 2007/008, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper analyzes medium-term fiscal sustainability in Trinidad and Tobago. The paper focuses on the challenge of distributing the nonrenewable resource wealth across generations. Its recommendations are geared toward the goal of intergenerational distribution and therefore focus on the transformation of the natural resource wealth into other assets. The paper reviews the main aspects of the monetary transmission mechanism in Trinidad and Tobago, and also offers some suggestions to improve the effectiveness of monetary policy transmission.

Keywords: ISCR; CR; price; GDP; energy GDP; interest rate; growth assumption; energy deficit; government take; monetary policy independence; Oil prices; Energy prices; Fiscal sustainability; Monetary transmission mechanism; Open market operations; Caribbean (search for similar items in EconPapers)
Pages: 26
Date: 2007-01-08
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