Kingdom of the Netherlands-Aruba: Selected Issues and Statistical Appendix
IMF Staff Country Reports, August 9, 2013
Source details
- Canonical URL
- Kingdom of the Netherlands-Aruba: Selected Issues and Statistical Appendix
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Bibliographic details
- Published: August 9, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484363706.002
Summary
- This Selected Issues paper analyzes sustaining potential growth in Aruba.
- There are growing concerns in Aruba about the slowdown in economic growth over the past two decades and the consequent tepid outlook for potential growth.
- The paper presents an overview of Aruba’s economic growth performance since 1990, analyzes factors behind the slowdown, and discusses how potential growth can be sustained.
- The paper suggests that Aruba should aim to finance its renewable energy and other future growth initiatives sustainably.
Major themes and analytical focus
- Growth performance
- Overview of Aruba’s economic growth performance since 1990.
- Identification of underlying factors driving the slowdown in economic growth over the past two decades.
- Determinants of potential growth
- Analysis of factors behind the slowdown in potential growth.
- Consideration of demographic and labor factors (Subjects listed: Aging; Labor; Population and demographics).
- Fiscal and policy implications
- Discussion of how potential growth can be sustained.
- Recommendation that Aruba should aim to finance its renewable energy and other future growth initiatives sustainably.
- Related policy domains covered
- Aging, Expenditure, Pensions, Public debt, Revenue administration.
Key findings and emphases (as described)
- Concern over a tepid outlook for potential growth following two decades of slowdown.
- Need to identify underlying factors causing the slowdown as a prerequisite to policy responses.
- Emphasis on sustainable financing for renewable energy and future growth initiatives as part of the strategy to sustain potential growth.