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Labor --- Labor disputes --- Social conflict --- Protest movements --- Riots --- Civil disorders --- Assembly, Right of --- History --- Offenses against public safety --- Political violence --- Crowds --- Demonstrations --- Mobs --- Street fighting (Military science) --- Social movements --- Class conflict --- Class struggle --- Conflict, Social --- Social tensions --- Interpersonal conflict --- Social psychology --- Sociology --- Actions, Job --- Disputes, Labor --- Industrial disputes --- Job actions --- Industrial relations --- Labor and laboring classes --- Manpower --- Work --- Working class --- Law and legislation --- Barbados --- Barbadoes --- Barbade --- バルバドス --- Barubadosu --- ברבדוס --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Social conditions --- E-books

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This paper presents 2019 Article IV Consultation with Barbados and its Second Review Under the Extended Arrangement, Request for Completion of the Financing Assurances Review, and Modification of Performance Criteria. The Article IV discussions focused on fiscal adjustment, medium-term growth and resilience to climate change and natural disasters. The Barbadian authorities continue to make good progress in implementing the comprehensive Economic Recovery and Transformation (BERT) plan aimed at restoring fiscal and debt sustainability, rebuilding reserves, and increasing growth. All program targets for end-June and end-September 2019 have been met. All three structural benchmarks for the second review have also been met. The authorities have continued the reform of state-owned enterprises (SOEs) by completing a review of tariffs and fees charged by SOEs, tightening reporting requirements, and reducing costs. The authorities reached agreement with the External Creditor Committee on a restructuring of external debt to private creditors in October 2019 and launched a debt exchange offer in early November. The IMF Staff proposes modification of the performance criteria relating to the primary balance, net international reserves and net domestic assets.

Economic stabilization --- Adjustment, Economic --- Business stabilization --- Economic adjustment --- Stabilization, Economic --- Economic policy --- Barbados --- Barbadoes --- Barbade --- バルバドス --- Barubadosu --- ברבדוס --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Economic policy. --- Asset and liability management --- Central Banks and Their Policies --- Climate --- Computer Programs: Other --- Data Collection and Data Estimation Methodology --- Debt Management --- Debt restructuring --- Debt --- Debts, External --- Debts, Public --- Economic statistics --- Environment --- Exports and Imports --- External debt --- Finance --- Financial Risk Management --- Fiscal Policy --- Fiscal policy --- Fiscal stance --- Global Warming --- International economics --- International Lending and Debt Problems --- Macroeconomics --- Natural Disasters and Their Management --- Natural Disasters --- Natural disasters --- Public debt --- Public finance & taxation --- Public Finance --- Sovereign Debt

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This 2011 Article IV Consultation highlights that the difficult global economic conditions continue to hit Barbados with growth at anemic levels. The current account deficit has widened in recent times owing to higher oil and food prices. Executive Directors commended the authorities for adopting a revised Medium-Term Fiscal Strategy aimed at generating a balanced budget. They emphasized that fiscal consolidation should focus on expenditure reduction, including lowering the wage bill, reducing transfers to public enterprises, and minimizing tax exemptions.

Barbados --- Barbadoes --- Barbade --- バルバドス --- Barubadosu --- ברבדוס --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Macroeconomics --- Public Finance --- Statistics --- Industries: Hospital,Travel and Tourism --- Business and Financial --- Debt --- Debt Management --- Sovereign Debt --- Public Enterprises --- Public-Private Enterprises --- National Government Expenditures and Related Policies: General --- Sports --- Gambling --- Restaurants --- Recreation --- Tourism --- Data Collection and Data Estimation Methodology --- Computer Programs: Other --- Public finance & taxation --- Civil service & public sector --- Hospitality, leisure & tourism industries --- Econometrics & economic statistics --- Public debt --- Public sector --- Government debt management --- Expenditure --- Economic sectors --- Public financial management (PFM) --- Debts, Public --- Finance, Public --- Expenditures, Public --- Financial services industry --- Law and legislation

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This paper uses the balance sheet approach to analyze macroeconomic vulnerabilities in Barbados between 2006 and 2009. It discusses the financial position of the economy and its main sectors and the sectors' exposure to changes in exchange rates. The main finding of the analysis is that the balance sheet of the aggregate economy has been weakened by the recent deterioration in the balance sheet of the nonfinancial public sector. Macroeconomic vulnerabilities have increased in Barbados since 2006 due to the high public debt and the deterioration in the net financial position with nonresidents. The private sector, however, maintained a healthy position and seems resilient to shocks. The paper also finds the balance sheet of the nonfinancial public sector has deteriorated significantly reflecting weak fiscal performance. While the central government is highly vulnerable to exchange rate shock, debt rollover risks are likely to be limited since most of external liabilities are long term and most domestic liabilities are held by the National Insurance System.

Financial statements --- Economic history. --- Economic conditions --- History, Economic --- Economics --- Balance sheets --- Corporate financial statements --- Earnings statements --- Financial reports --- Income statements --- Operating statements --- Profit and loss statements --- Statements, Financial --- Accounting --- Bookkeeping --- Business records --- Corporation reports --- Barbados --- Barbadoes --- Barbade --- バルバドス --- Barubadosu --- ברבדוס --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Economic conditions. --- Financial Risk Management --- Macroeconomics --- Money and Monetary Policy --- Industries: Financial Services --- International Finance: General --- International Lending and Debt Problems --- Debt --- Debt Management --- Sovereign Debt --- Public Administration --- Public Sector Accounting and Audits --- Public Enterprises --- Public-Private Enterprises --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Financial Crises --- Financial Institutions and Services: General --- Financial reporting, financial statements --- Civil service & public sector --- Monetary economics --- Economic & financial crises & disasters --- Public sector --- Foreign currency exposure --- Financial crises --- Financial sector --- Public financial management (PFM) --- Money --- Economic sectors --- Finance, Public --- Foreign exchange market --- Financial services industry

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This 2016 Article IV Consultation highlights that the economy of Barbados appears to have turned a corner with a pickup in activity. Real GDP grew by 0.8 percent in 2015, underpinned by an increase in private investment and a surge in tourism arrivals, which increased by 14 percent, among the highest in the Caribbean. This boosted employment by 2 percent, while the unemployment rate fell to 11.3 percent. Inflation eased owing to lower import prices, with end-period prices falling by 2.5 percent. Net inflows in the capital and financial account fell, driven by large official amortization payments and lower foreign direct investment. As a result, net international reserves dropped to US$469 million at the end of April 2016.

Economic development --- Fiscal policy --- Debts, Public --- Economic indicators --- Barbados --- Economic conditions. --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Debts, Government --- Government debts --- National debts --- Public debt --- Public debts --- Sovereign debt --- Debt --- Bonds --- Deficit financing --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Development, Economic --- Economic growth --- Growth, Economic --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Government policy --- Barbadoes --- Barbade --- バルバドス --- Barubadosu --- ברבדוס --- West Indies (Federation) --- Windward Islands (Jurisdiction) --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Money and Monetary Policy --- Public Finance --- Debt Management --- Sovereign Debt --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Public Enterprises --- Public-Private Enterprises --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- International Lending and Debt Problems --- Public finance & taxation --- Civil service & public sector --- Banking --- Monetary economics --- International economics --- Public sector --- Credit --- Arrears --- Economic sectors --- Money --- External debt --- Commercial banks --- Financial institutions --- Banks and banking --- Debts, External