Kingdom of the Netherlands—Aruba: Staff Report for the 2005 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 204

Publication date: June 2005

ISBN: 9781451800098

$20.00

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Topics covered in this book

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Exports and Imports , Economics- Macroeconomics , Public Finance , Health Policy , ISCR , CR , deficit , IMF staff estimate , inflation , inflation outlook , U , S , dollar , headline deficit , underlying current account deficit , IMF's view , central bank , oil current account deficit , monetary policy , private sector , Health care spending , Current account , Caribbean

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Summary

The staff report for the 2005 Article IV Consultation on the Kingdom of the Netherlands—Aruba highlights the economic developments and policies. Meeting the challenges of population aging requires policies that create conditions for faster productivity growth. IMF Staff recommended applying the successful model of public-private sector cooperation developed in the tourism industry to promote diversification in other areas, in particular in financial services. Staff urged the authorities to speed up the restructuring of public companies and reinvigorate their efforts to improve statistics.