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Topic: |
History
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Number of pages / Number of words: |
5 / 1400 |
Essay's paper body
Economy of Barbados benefits from strong institutions, social stability, and political stability. The country has one of the highest GDP (on a PPP basis) per capita incomes in the region, which is about USD19,700 (2007 figure). The economy compares favorably on a wide range of social, political, and competitiveness indicators...
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The economy compares favorably on a wide range of social, political, and competitiveness indicators. The GDP (on a PPP basis) at basic price is USD5,573.50 billion (2007 figure). The 33-year peg of the exchange rate to the US dollar enjoys strong support and has served the economy well. The real effective exchange rate is currently not far from its estimated equilibrium, and there are no apparent signs of competitiveness problems in the dominant tourism sector...
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General points of the essay
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