Tonga : 2010 Article IV Consultation: Staff Report, Staff Supplement, and Public Information Notice on the Executive Board Discussion.

Tonga : 2010 Article IV Consultation: Staff Report, Staff Supplement, and Public Information Notice on the Executive Board Discussion.

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Bibliographic Details
Corporate author / creator:International Monetary Fund.
Imprint:Washington, D.C. : International Monetary Fund, 2010.
Description:1 online resource (62 pages)
Language:English
Series:IMF Staff Country Reports, 2227-8907 ; Country Report No. 10/112
IMF Staff Country Reports ; Country Report no. 10/112.
Subject:
Tonga.
Tonga.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501116
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund.
ISBN:1455205575
9781455205578
9781455206384
1455206385
9781455205578
Notes:Available in PDF, ePUB, and Mobi formats on the Internet.
English.
Summary:Tonga's high debt and the apparent ineffectiveness of the monetary transmission mechanism constrain the authorities' ability to support growth. In the near term, the strength of the global recovery is by no means assured, and there are multiple risks that could weaken prospects in both Europe and the United States. A further rise in world commodity and food prices would also hit Tonga hard, feeding through to inflation, growth, and the current account deficit. Tonga's high public debt now poses a major risk to economic prospects.
Standard no.:10.5089/9781455205578.002

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