Kingdom of the Netherlands—Netherlands Antilles
Kingdom of the Netherlands—Netherlands Antilles

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2001-05-18

Total Pages: 66

ISBN-13: 1451801017

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The paper provides a brief review of economic developments and policies in the Netherlands Antilles. The government’s current adjustment initiative provides a much needed opportunity for restoring growth prospects for the Netherlands Antilles. The paper has looked into issues pertaining to the development and prospects of the Antillean offshore sector. The picture emerging is one of a sector that, after initial spectacular growth, has encountered a number of obstacles. Nevertheless, it has been able to continue to register positive, albeit more moderate, growth.

Kingdom of the Netherlands—Netherlands Antilles
Kingdom of the Netherlands—Netherlands Antilles

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2003-06-13

Total Pages: 40

ISBN-13: 1451801025

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This 2003 Article IV Consultation highlights that after a prolonged recession through the second half of the 1990s, the Netherlands Antilles economy has recently shown some important resilience. With the exchange rate pegged to the U.S. dollar, the Netherlands Antilles has enjoyed low inflation. With waning cost-push pressures related to higher energy costs and indirect tax increases, inflation has moderated to 0.5 percent in 2002. For 2003, inflation is projected to reach 2 percent in line with developments projected for the United States.