Netherlands: Recent Economic Developments

September 14, 1995

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Netherlands: Recent Economic Developments, (USA: International Monetary Fund, 1995) accessed September 19, 2024

Summary

This paper describes economic developments in Kingdom of the Netherlands—Aruba during the 1990s. During 1993–94, Aruba’s economic expansion continued at a brisk pace, albeit somewhat slower than the very high rates of growth attained during the late 1980s. Growth was mainly supported by private domestic demand, with both the consumption and investment components contributing significantly, while the contribution of the external sector turned negative. This strong growth in domestic demand exacerbated the already severe supply constraints of the Aruban economy, resulting in very tight labor market conditions and an acceleration of inflation.

Subject: Balance of payments, Banking, Capital account, Current account, Domestic credit, Economic sectors, Monetary expansion, Monetary policy, Money, Oil sector

Keywords: Aruba, Capital account, Caribbean, CR, Current account, Debt ratio, Deficit, Domestic credit, ISCR, Monetary expansion, Money stock, Money supply, Money supply targeting, Oil sector, Surplus, Surplus of Af.

Publication Details

Pages:

60
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/089
Stock No:

1ABWEA0011995
ISBN:

9781451800005
ISSN:

1934-7685

Notes

This report on recent economic developments in Aruba 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.

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