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Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1513502646
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
Context. Economic activity strengthened somewhat in 2014 while the external current account deficit worsened primarily as a result of Baha Mar construction-related imports. The authorities continue to make substantial progress on fiscal consolidation with successful VAT implementation in January 2015 setting the stage for continued improvements in the fiscal position. Lower oil prices helped keep inflation anchored in 2014. Still, notwithstanding the capital flow management (CFM) regime, international reserves remain low. Key policy advice: Despite the U.S. recovery and the imminent opening of the Baha Mar resort, the growth outlook remains well below pre-global crisis levels, and strong and timely measures should be implemented to strengthen competitiveness and raise potential growth. In addition, rebuilding fiscal and external buffers will be essential for sustaining macroeconomic stability: • Reigniting strong and inclusive medium-term growth. Structural reforms are needed to address longstanding competiveness issues including labor market impediments to growth. Energy sector reforms could substantially lower energy costs, boost productivity and facilitate economic diversification in the medium term. A diversification strategy should explore the potential for increasing value added in the tourism sector, including through deepening linkages with agriculture. • Rebuilding fiscal and external buffers. Notwithstanding the CFM regime, the fixed exchange rate peg constrains monetary policy, leaving fiscal policy as the main instrument for macroeconomic stabilization. Steadfast implementation of the VAT and expenditure rationalization in the context of a medium-term budgetary framework, together with public enterprise reforms, would help rebuild fiscal buffers and support international reserves. • Preserving financial sector stability. The pre-crisis credit boom has left the banking system with an overhang of non-performing loans, which will likely continue to generate headwinds for the economy. Despite this, the banking system remains very well capitalized and liquid. Measures should be put in place to resolve the debt overhang while further strengthening the regulatory and supervisory framework.
Author: Michael Craton
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Rosalyn Howard
Publisher: University Press of Florida
ISBN: 081307309X
Category : History
Languages : en
Pages : 142
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Book Description
"An excellent case study of a little-studied and poorly known community experiencing the processes of identity formation and culture change."--Brent R. Weisman, University of South Florida This is the first full-length ethnography of a unique community within the African diaspora. Rosalyn Howard traces the history of the isolated "Red Bays" community of the Bahamas, from their escape from the plantations of the American South through their utilization of social memory in the construction of new identity and community. Some of the many African slaves escaping from southern plantations traveled to Florida and joined the Seminole Indians, intermarried, and came to call themselves Black Seminoles. In 1821, pursued and harassed by European Americans through the First Seminole War, approximately 200 members of this group fled to Andros Island, where they remained essentially isolated for nearly 150 years. Drawing on archival and secondary sources in the United States and the Bahamas as well as interviews with members of the present-day Black Seminole community on Andros Island, Howard reconstructs the story of the Red Bays people. She chronicles their struggles as they adapt to a new environment and forge a new identity in this insular community and analyzes the former slaves' relationship with their Native American companions. Black Seminoles in contemporary Red Bays number approximately 290, the majority of whom are descended directly from the original settlers. As part of her research, Howard lived for a year in this small community, recording its oral history and analyzing the ways in which that history informed the evolving identity of the people. Her treatment dispels the air of mystery surrounding the Black Seminoles of Andros and provides a foundation for further anthropological and historical investigations.
Author: Dave Currie
Publisher: Cornell University Press
ISBN: 1501738038
Category : Travel
Languages : en
Pages : 596
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Book Description
The Natural History of the Bahamas fills a void in the literature on the avian and terrestrial species found there and is an overall excellent guide.— Sandra D. Buckner, Past President of the Bahamas National Trust Take this book with you on your next trip to the Bahamas or the Turks and Caicos Islands or keep it close to hand in your travel library. The Natural History of the Bahamas offers the most comprehensive coverage of the terrestrial and coastal flora and fauna on the islands of the Bahamas archipelago, as well as of the region's natural history and ecology. Readers will gain an appreciation for the importance of conserving the diverse lifeforms on these special Caribbean islands. A detailed introduction to the history, geology, and climate of the islands. Beautifully illustrated, with more than seven hundred color photographs showcasing the diverse plants, fungi, and animals found on the Bahamian Archipelago.
Author: Kim Vletas
Publisher: Globe Pequot
ISBN: 9781592287260
Category : Bahamas
Languages : en
Pages : 0
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Book Description
A comprehensive guide to fly fishing and adventure travel in the Bahamas--lodges, guides, services, tackle, diving, and more.
Author: International Monetary Fund. Western Hemisphere Dept.
Publisher: International Monetary Fund
ISBN: 1513502646
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
Context. Economic activity strengthened somewhat in 2014 while the external current account deficit worsened primarily as a result of Baha Mar construction-related imports. The authorities continue to make substantial progress on fiscal consolidation with successful VAT implementation in January 2015 setting the stage for continued improvements in the fiscal position. Lower oil prices helped keep inflation anchored in 2014. Still, notwithstanding the capital flow management (CFM) regime, international reserves remain low. Key policy advice: Despite the U.S. recovery and the imminent opening of the Baha Mar resort, the growth outlook remains well below pre-global crisis levels, and strong and timely measures should be implemented to strengthen competitiveness and raise potential growth. In addition, rebuilding fiscal and external buffers will be essential for sustaining macroeconomic stability: • Reigniting strong and inclusive medium-term growth. Structural reforms are needed to address longstanding competiveness issues including labor market impediments to growth. Energy sector reforms could substantially lower energy costs, boost productivity and facilitate economic diversification in the medium term. A diversification strategy should explore the potential for increasing value added in the tourism sector, including through deepening linkages with agriculture. • Rebuilding fiscal and external buffers. Notwithstanding the CFM regime, the fixed exchange rate peg constrains monetary policy, leaving fiscal policy as the main instrument for macroeconomic stabilization. Steadfast implementation of the VAT and expenditure rationalization in the context of a medium-term budgetary framework, together with public enterprise reforms, would help rebuild fiscal buffers and support international reserves. • Preserving financial sector stability. The pre-crisis credit boom has left the banking system with an overhang of non-performing loans, which will likely continue to generate headwinds for the economy. Despite this, the banking system remains very well capitalized and liquid. Measures should be put in place to resolve the debt overhang while further strengthening the regulatory and supervisory framework.
Author: Keith Tinker
Publisher: Xlibris Corporation
ISBN: 1465310843
Category : History
Languages : en
Pages : 170
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Book Description
THIS BOOK EXPLORES the many complex historical connections between the UNited States of America and the Commonwealth of The Bahamas. Beginning with an overview of shared early Spanish colonization, the book is the first attempt to provide a comprehensive study of the impact of the sequential development of the United States on events in the emerging Bahamas, placing the heretofore marginalized history of the island nation firmly into the orbit of Atlantic historiographical literature. Among other things, the books sheds light on the role played by the islands in a series of significant events in the U.S. history. These include the American Revolution, in which four of the initial official military actions of the fledgling U.S. Navy comprised repeated invasions of British-controlled Nassau, capital of the Bahamas; the American Civil War during which Nassau became on of the main bases for supply of vital goods and ammunition to the Confederacy; the intrigues of the Volstead Act, which legislated prohibition but also caused the temporary transformation of Bahama ISlands into major transshipment centers for the smuggling of alcoholic beverages to a multitude of prohibition-defiant and "thirsty" Americans; and the significant role placed by Bahamian migrants in the creation of the city of Miami and other areas of south Florida. The author draws on a wealth of tapped and untapped primary sources and presents a new perspective on the "Bahamian experience" that helped to define the self-proclaimed American credo of "Manifest Destiny."
Author: Gaylord Dold
Publisher: Rough Guides
ISBN: 9781858288284
Category : Bahamas
Languages : en
Pages : 446
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Book Description
Rough Guides har eksistert i mer enn 30 år og er kanskje verdens mest populære reisehåndbokserie. Guidene gir informasjon om stedets kultur, historie og severdigheter. De er kjent for å gi detaljerte opplysninger om overnatting, restauranter, sport og aktiviteter - også for lavere reisebudsjetter.
Author: Jeffrey Holt McCormack
Publisher:
ISBN: 9780983767305
Category : Medicinal plants
Languages : en
Pages : 331
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Book Description
Author: Gail Saunders
Publisher: University Press of Florida
ISBN: 0813063310
Category : History
Languages : en
Pages : 417
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Book Description
"Saunders resoundingly affirms the relevance of island history. Scholars will appreciate the detail and insights."--Choice "Deftly unravels the complex historical interrelationships of race, color, class, economics, and environment in the Colonial Bahamas. An invaluable study for scholars who conduct comparative research on the British Caribbean."--Rosalyn Howard, author of Black Seminoles in the Bahamas "Saunders is to be commended for a scholarly study that prominently features the non-white majority in the Bahamas--a group which usually has been overlooked."--Whittington B. Johnson, author of Post-Emancipation Race Relations in The Bahamas In this one-of-a-kind study of race and class in the Bahamas, Gail Saunders shows how racial tensions were not necessarily parallel to those across other British West Indian colonies but instead mirrored the inflexible color line of the United States. Proximity to the U.S. and geographic isolation from other British colonies created a uniquely Bahamian interaction among racial groups. Focusing on the post-emancipation period from the 1880s to the 1960s, Saunders considers the entrenched, though extra-legal, segregation prevalent in most spheres of life that lasted well into the 1950s. Saunders traces early black nationalist and pan-Africanism movements, as well as the influence of Garveyism and Prohibition during World War I. She examines the economic depression of the 1930s and the subsequent boom in the tourism industry, which boosted the economy but worsened racial tensions: proponents of integration predicted disaster if white tourists ceased traveling to the islands. Despite some upward mobility of mixed-race and black Bahamians, the economy continued to be dominated by the white elite, and trade unions and labor-based parties came late to the Bahamas. Secondary education, although limited to those who could afford it, was the route to a better life for nonwhite Bahamians and led to mixed-race and black persons studying in professional fields, which ultimately brought about a rising political consciousness. Training her lens on the nature of relationships among the various racial and social groups in the Bahamas, Saunders tells the story of how discrimination persisted until at last squarely challenged by the majority of Bahamians.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1463927886
Category : Business & Economics
Languages : en
Pages : 44
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Book Description
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.
