Dominica: Recent Economic Developments

Publication Date:

July 24, 1995

Summary:

This report describes recent economic developments in Dominica. It highlights that the major trading partners of Dominica are the United Kingdom, the United States, and members of the Caribbean Common Market. Efforts to broaden Dominica’s economic base thus far have been met with limited success. Growth in the tourism sector accelerated in the 1990s, but was concentrated on cruise ship passengers because of poor airport access and inadequate hotel capacity. Because of its narrow agricultural base, the economy remains vulnerable to external shocks. The report also describes the public finances and external sector of Dominica.

Series:

Country Report No. 1995/069

Subject:

Notes:

This report on recent economic developments in Dominica was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

English

Publication Date:

July 24, 1995

ISBN/ISSN:

9781451810721/1934-7685

Stock No:

1DMAEA0011995

Pages:

77

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