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Additional info for Caribbean Rim, Antigua and Barbuda, Grenada and St. Lucia: OECD Investment Policy Reviews
2 million debt with that holding. 2. 4 Source: Based on International Monetary Fund, Antigua and Barbuda: Statistical Appendix, November 2004. 2 per cent in 2002. 4 also shows that direct investment as a percentage of GDP has fluctuated greatly between 1999 and 2003. 32 OECD INVESTMENT POLICY REVIEWS – ISBN 92-64-02596-0 – © OECD 2006 I. 3. 6 0,5 Source: Based on International Monetary Fund, Antigua and Barbuda: Statistical Appendix, November 2004. 4. 7% Source: Based on International Monetary Fund, Antigua and Barbuda: Statistical Appendix, November 2004.
1. Structure of the economy Antigua and Barbuda’s GDP in market prices grew from USD 652 million in 1999 to USD 759 in 2003. The country experienced strong growth in the last three decades. In the late 1970s and the 1980s GDP increased rapidly mainly driven by the development of the tourism sector, after the closure of the sugar and cotton industries during the 1970s. 5 per cent in the 1980s, fuelled largely by foreign direct investment in the tourism sector. 3 per cent in the second half of the decade.
This project should also focus on the improvement of airport and seaport facilities with privatisation options. i) Designing a set of specific Master Plans for the country’s key industries, with a view to proposing reforms and setting time bound targets for the i m p l e m e n t a t i o n o f t h e s e ref o r ms . To u ris m, fin anci al s e rvic es , telecommunications, health services, manufacturing, and agriculture should be studied in depth. For the case of offshore gambling, there is a need to upgrade an existing study produced by the Free Trade and Processing Zone.
Caribbean Rim, Antigua and Barbuda, Grenada and St. Lucia: OECD Investment Policy Reviews by OECD (Organisation for Economic Co-operation and Development)