Economic Development
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Kingdom of the Netherlands. - Netherlands Antilles: 2008 Article IV Consultation— Staff Report.
The promise of fiscal discipline and debt relief, under the agreement to dissolve the Netherlands Antilles, has boosted investor confidence and growth. Implementation of the dissolution agreement has begun, although the actual constitutional changes are now scheduled for January 2010.
The new fiscal framework (a balanced budget, debt limits and supervision) is already in place in the BES islands (Bonaire, St. Eustatius, and Saba) and due to start in 2009 in Curaçao and St. Maarten.
The authorities are pushing ahead with welcome reform proposals to improve: tax policy, labor markets, public enterprise finances, pensions and healthcare. source: IMF
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Open regionalization, free trade and developments in the Caribbean
by Dr. Rubén Arturo Silié Valdez, Secretary General of the Association of Caribbean States (ACS). 2005
The issue of open regionalization was discussed, this means that the Netherlands Antilles has the possibility to enter into commercial agreements with more than one economic bloc. The concept of open regionalization receives its validity based on the fact that it is possible, necessary and convenient to form regional agreements, which are more inclusive than exclusive, and which are inclined to soften commercial restrictions instead of enforcing them with respect to foreign countries. So the concept is inclined to raise the question of what we could mean to others instead of looking for ways to exclude others.
source: Government of the Netherlands Antilles
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U.S. Trade Policy for the Caribben (Caribbean Basin Trade Partnership Act)
by Lawrence J. Gumbiner, 2005
Promotion of freer trade is a principal element of overall U.S. foreign policy. This goal has a long history within the United States. It was a key element of U.S. policy for rebuilding the world economy after World War II,
and has been a part of every Administration’s strategy since then, Democratic and Republican.
source: Government of the Netherlands Antilles
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Patterns of Trade and Trade Relations in the Greater Caribbean and their Implications for the Netherlands Antilles.
Dr. Norman Girvan. June 2004
The Netherlands Antilles as a geographic part of the Caribbean sees the necessity of being involved in regional trade. What is the present situation and future prospects of trade and trade policy in the Greater Caribbean? What is the vision for the Netherlands Antilles with respect to trade in the Greater Caribbean?
source: Government of the Netherlands Antilles