Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This article is an overview of the structure of the Bahamian financial system. After the financial crisis in the United States, the Bahamian financial structure showed fragile growth. Tourism, the main source of income for the domestic economy, weakened owing to the U.S. crisis. The increase in oil prices was the key reason for the destroyed infrastructure. However, amidst the vulnerabilities, the banking sector showed stability with high capital and liquidity and sustained challenges; the insurance sector also showed significant improvement. The current financial framework needs to be strengthened, and the mission recommends several reforms to handle financial shocks.

Monetary policy --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Bahamas --- Bahama Islands --- Commonwealth of the Bahamas --- Bahamas, The --- The Bahamas --- バハマ --- Bahama --- Economic conditions. --- Banks and Banking --- Industries: Financial Services --- Business and Financial --- Financial Risk Management --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Pension Funds --- Non-bank Financial Institutions --- Financial Instruments --- Institutional Investors --- General Financial Markets: Government Policy and Regulation --- Financial Crises --- Banking --- Finance --- Financial services law & regulation --- Economic & financial crises & disasters --- Commercial banks --- Insurance companies --- Nonperforming loans --- Financial regulation and supervision --- Financial institutions --- Financial crises --- Banks and banking --- Loans --- Financial services industry --- Law and legislation

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The Bank Supervision Department (BSD) of the Central Bank of the Bahamas (CBoB) has a generally effective supervisory program in place for the size and complexity of the Bahamian banking system. Since the prior FSAP in 2012, clear progress has been made enhancing the framework in a number of areas as well as in the execution of its supervision program. CBoB supervision continues to evolve in a number of positive directions, with most of the areas viewed by assessors as warranting enhancements included in the execution of the program.

Bahamas --- Bahama Islands --- Commonwealth of the Bahamas --- Bahamas, The --- The Bahamas --- バハマ --- Bahama --- Economic conditions. --- Banks and Banking --- Public Finance --- Corporate Governance --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Financing Policy --- Financial Risk and Risk Management --- Capital and Ownership Structure --- Value of Firms --- Goodwill --- Public Administration --- Public Sector Accounting and Audits --- Corporate Finance and Governance: Government Policy and Regulation --- Banking --- Financial services law & regulation --- Management accounting & bookkeeping --- Corporate governance --- role & responsibilities of boards & directors --- Market risk --- Credit risk --- Internal audit --- Financial regulation and supervision --- Public financial management (PFM) --- Operational risk --- External audit --- Banks and banking --- Financial risk management --- Auditing, Internal --- Auditing --- Role & responsibilities of boards & directors

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This 2016 Article IV Consultation highlights that economic growth in The Bahamas is estimated to have stalled in 2015, as a modest increase in air tourism arrivals was not sufficient to offset a contraction in domestic demand and weak exports of goods. Private consumption and investment were weighed down by headwinds from fiscal consolidation, as well as an end to construction. Inflation was moderate at 1.9 percent on average in 2015. Growth is expected to strengthen to about 0.5 percent in 2016, supported by continued growth in air tourist arrivals and moderating headwinds to private consumption and investment.

Economic development --- Fiscal policy --- Bahamas --- Economic conditions. --- 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 --- Bahama Islands --- Commonwealth of the Bahamas --- Bahamas, The --- The Bahamas --- バハマ --- Bahama --- Banks and Banking --- Budgeting --- Macroeconomics --- Public Finance --- Industries: Financial Services --- Fiscal Policy --- Debt --- Debt Management --- Sovereign Debt --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Business Taxes and Subsidies --- National Government Expenditures and Related Policies: General --- Taxation, Subsidies, and Revenue: General --- Public finance & taxation --- Banking --- Budgeting & financial management --- Finance --- International economics --- Fiscal consolidation --- Public debt --- Value-added tax --- Revenue administration --- Taxes --- Debts, Public --- Banks and banking --- Spendings tax --- Budget --- Revenue

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This Selected Issues paper for The Bahamas reports that the largest portion of tourism expenditure in The Bahamas comes from stayover visitors, and total tourism spending has been stagnant. The Bahamas is a small open economy highly dependent on tourism and the offshore financial sector. Private consumption expenditure in the country or countries of origin is the most important determinant of tourism in The Bahamas.

Tourism --- Hurricanes --- Monetary policy --- Finance --- Funding --- Funds --- Economics --- Currency question --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Cyclones --- Holiday industry --- Operators, Tour (Industry) --- Tour operators (Industry) --- Tourism industry --- Tourism operators (Industry) --- Tourist industry --- Tourist trade --- Tourist traffic --- Travel industry --- Visitor industry --- Service industries --- National tourism organizations --- Travel --- State supervision --- Economic aspects --- Bahamas --- Bahama Islands --- Commonwealth of the Bahamas --- Bahamas, The --- The Bahamas --- バハマ --- Bahama --- Economic policy. --- Banks and Banking --- Macroeconomics --- Public Finance --- Industries: Hospital,Travel and Tourism --- Natural Disasters --- Money and Monetary Policy --- Climate --- Natural Disasters and Their Management --- Global Warming --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Sports --- Gambling --- Restaurants --- Recreation --- National Government Expenditures and Related Policies: General --- Monetary Policy --- Central Banks and Their Policies --- Natural disasters --- Banking --- Hospitality, leisure & tourism industries --- Public finance & taxation --- Expenditure --- Monetary policy instruments --- Environment --- Central bank bills --- Central banks --- Economic sectors --- Banks and banking --- Expenditures, Public

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The Bahamian economy began a tepid recovery in 2010, following a sharp recession in 2008 and 2009 in the wake of the global financial crisis. Real GDP grew by about 1 percent. The rebound was driven by the trade, hospitality, transport, and government services sectors. Executive Directors welcomed the gradual recovery of the Bahamian economy. They also called for steadfast implementation of reforms to place public debt on a sustainable path, build fiscal buffers, and enhance medium-term growth prospects.

Economic indicators --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Bahamas --- Bahama Islands --- Commonwealth of the Bahamas --- Bahamas, The --- The Bahamas --- バハマ --- Bahama --- Economic conditions. --- Economic policy. --- Banks and Banking --- Exports and Imports --- Macroeconomics --- Public Finance --- Industries: Hospital,Travel and Tourism --- Debt --- Debt Management --- Sovereign Debt --- International Lending and Debt Problems --- Public Enterprises --- Public-Private Enterprises --- Sports --- Gambling --- Restaurants --- Recreation --- Tourism --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Taxation, Subsidies, and Revenue: General --- Public finance & taxation --- International economics --- Civil service & public sector --- Hospitality, leisure & tourism industries --- Public debt --- External debt --- Public sector --- Banking --- Economic sectors --- Revenue administration --- Debts, Public --- Debts, External --- Finance, Public --- Banks and banking --- Revenue