Eastern Caribbean Currency Union : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

March 28, 2003

Electronic Access:

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Summary:

This Selected Issues paper analyzes the competitive threats to the tourism sector in the Eastern Caribbean Currency Union (ECCU). The paper concludes that the ECCU countries have lost competitiveness globally and vis-à-vis newly emergent Caribbean tourist destinations as a result of both price and nonprice factors. The short-term measures implemented by the countries seem to have been insufficient to prevent further declines in 2002. The paper also describes strengthening fiscal discipline through fiscal benchmarks.

Series:

Country Report No. 03/88

Subject:

English

Publication Date:

March 28, 2003

ISBN/ISSN:

9781451811643/1934-7685

Stock No:

1ECCEA0022003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

130

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