Kingdom of the Netherlands: Netherlands Antilles: Selected Issues and Statistical Appendix
March 31, 2006
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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.
Subject: Economic sectors, Financial markets, Financial sector, Health, Inflation, International capital markets, Prices, Tourism
Keywords: Antillean economy, banking sector, Caribbean, CR, deficit financing, development aid, economy, financial institution, Financial sector, geographical location, Inflation, International capital markets, investment funds, ISCR, island government of Curaçao, market, nominal GDP, rate of inflation, standard of living, Tourism, trade credit, wage freeze
Pages:
30
Volume:
2006
DOI:
Issue:
117
Series:
Country Report No. 2006/117
Stock No:
1ANTEA2006002
ISBN:
9781451801057
ISSN:
1934-7685
