Title St. Kitts and Nevis : 2009 Article IV consultation and request for emergency natural disaster assistance : staff report : public information notice and press release on the Executive Board discussion : and statement by the Executive Director for St. Kitts and Nevis

Published [Washington, D.C.] : International Monetary Fund, ©2009

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Description 1 online resource : color illustrations Series IMF country report ; no. 09/180 IMF country report ; no. 09/180. Summary 1. Over the past decade, economic developments in St. Kitts and Nevis have been shaped by the need to respond to a series of shocks-a succession of hurricanes in the late 1990s; the sharp drop in tourism after the September 11 attacks; and the closure of the loss-making sugar industry, a mainstay of the economy for more than three centuries. Fiscal policy typically responded through reconstruction and social programs to maintain employment and limit the social impact of these shocks. The result was an accumulation of public debt, with the debt ratio peaking in 2005 at 197 percent of GDP, among the highest in the world Notes Cover title "June 2009." Bibliography Includes bibliographical references Notes Print version record Subject International Monetary Fund -- Saint Kitts and Nevis SUBJECT International Monetary Fund fast Subject Global Financial Crisis, 2008-2009. Financial crises -- Saint Kitts and Nevis Disaster relief -- Saint Kitts and Nevis Debts, Public -- Saint Kitts and Nevis Competition -- Saint Kitts and Nevis Economic development -- Saint Kitts and Nevis Fiscal policy -- Saint Kitts and Nevis Competition Debts, Public Disaster relief Economic development Economic history Economic policy Financial crises Fiscal policy SUBJECT Saint Kitts and Nevis -- Economic conditions Saint Kitts and Nevis -- Economic policy Subject Saint Kitts and Nevis Form Electronic book Author International Monetary Fund. ISBN 1280889748 9781280889745 9781451822007 1451822006

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