The Bahamas : 2009 Article IV consultation : staff report : staff supplement : and public information notice on the Executive Board discussion.

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Bibliographic Details
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource : color illustrations
Language:English
Series:IMF country report, 2227-8907 ; no. 09/189
IMF country report ; no. 09/189.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495117
Hidden Bibliographic Details
Varying Form of Title:Bahamas, 2009 Article Four consultation
Other authors / contributors:International Monetary Fund.
ISBN:1280890371
9781280890376
9781452750521
1452750521
1451877358
9781451877359
1462342426
9781462342426
9786613731685
6613731684
9781451804744
1451804741
Notes:Cover title.
"June 2009."
English.
Print version record.
Summary:1. The Bahamas is a small open economy, based mainly on tourism, foreign direct investment, and offshore financial activities. The one-to-one peg between the Bahamian and U.S. dollars has been in place for 36 years, and has provided a stable investment climate. The country has the third largest income per capita in the western hemisphere region, with a good track record of political stability, and a relatively high credit rating within the region. Tourism accounts for almost half of GDP, with over 80 percent of tourists from the United States. FDI, mostly related to tourism and second-home buyers, fuels construction, domestic employment and services. The financial sector, including the offshore sector, accounts for about 20 percent of economic activity. Exchange controls are maintained on capital transactions, narrowing the field of investment opportunities for local wealth, largely to real estate and government debt.
Other form:Print version: Bahamas. Washington, D.C. : International Monetary Fund, ©2009
Standard no.:10.5089/9781451877359.002
Description
Summary:1. The Bahamas is a small open economy, based mainly on tourism, foreign direct investment, and offshore financial activities. The one-to-one peg between the Bahamian and U.S. dollars has been in place for 36 years, and has provided a stable investment climate. The country has the third largest income per capita in the western hemisphere region, with a good track record of political stability, and a relatively high credit rating within the region. Tourism accounts for almost half of GDP, with over 80 percent of tourists from the United States. FDI, mostly related to tourism and second-home buyers, fuels construction, domestic employment and services. The financial sector, including the offshore sector, accounts for about 20 percent of economic activity. Exchange controls are maintained on capital transactions, narrowing the field of investment opportunities for local wealth, largely to real estate and government debt.
Item Description:Cover title.
"June 2009."
Physical Description:1 online resource : color illustrations
ISBN:1280890371
9781280890376
9781452750521
1452750521
1451877358
9781451877359
1462342426
9781462342426
9786613731685
6613731684
9781451804744
1451804741
ISSN:2227-8907
;