FISCAL POLICY The Economy

During the 1990’s, the member countries of the Eastern Caribbean Central Bank (ECCB) pursued more active fiscal policy. This was influenced by the slower rate of economic growth and the need to stimulate economic activity and reduce unemployment. The need to modify the tax system to stimulate growth led to a number of tax policy issues being debated during the 1990’s. The following is a series of articles which examine some of the tax policy issues that were debated during the two decades of 1990 and 2000.