Following a two-year long recession, a gradual recovery of St. Kitts and Nevis’ highly indebted economy is under way. The government has shown remarkable resolve in pursuing fiscal consolidation. Notwithstanding the fiscal adjustment, a comprehensive and timely public debt restructuring is critical for the program to be fully financed and to achieve debt sustainability. Available financial sector indicators point to a well-capitalized banking system. Regulation of the non-bank financial sector has been strengthened, but continued efforts are needed to ensure effective supervision.

Economic activity is estimated to have softened below program expectations in January-March 2012, due to a continued contraction in the construction sector which dominated a relatively strong outturn in tourism. Despite this growth underperformance and the continued global uncertainty, the authorities have successfully implemented their home-grown economic program. While the outlook is for a moderate economic recovery, uncertain external conditions continue to present downside risks to growth.

This paper discusses St. Kitts and Nevis’ Ex Post Evaluation of Exceptional Access Under the 2011 Stand-by Arrangement. The program focused on (1) an ambitious fiscal consolidation, (2) a comprehensive debt restructuring, and (3) a further strengthening of the financial sector. These goals aimed to address the key issues behind the debt crisis, and the potential financial sector outcomes of the restructuring. The program had many successes. The debt reduction was one of the largest in recent times, the headline fiscal and current account balances improved substantially, important tax and public financial management reforms were enacted, and sovereign risk was removed from the banks. Robust growth also resumed.

St. Kitts and Nevis Business Law Handbook - Strategic Informtion and Basic Laws

'Searching for the 17th Century on Nevis' is the first of a series of monographs dedicated to the archaeological investigation of the landscape, buildings and artefacts of the Eastern Caribbean by the Nevis Heritage Project. This volume presents the results of documentary research and excavation on two sugar plantation sites on the island of Nevis.

Our Alive! guides capture the capricious spirit of each sun-drenched destination, focusing on the best it has to offer. You'll find five-star resorts, private condos, top-notch restaurants, and the finest jazz bars and night clubs. "Dawn to Dusk" sections cover daytime activities -- sightseeing, beaches, watersports, lunchtime restaurants. Shopping plays a big part, with advice on bargaining, currency and potential pitfalls. "After Dark" sections tell of the best piano bars, beach parties and discos. Hundreds of restaurant and accommodation profiles. Written in a lively style by authors who have visited these places many times, the books are filled with amusing sidebars and tidbits of information in call-out boxes. Maps. Fully indexed.

Imagine sometime in the distant past, before modern and organized societies, and several thousand years after the dinosaurs roamed the earth, a time when the earth was still relatively uninhabited other than tribes that roamed the planet across the varied continents. Suddenly, there are advanced colonies scattered across the planet that have the skill and knowledge to build great pyramids, build ships that can sail great distances and navigate based upon the stars, people with knowledge of the cosmos and mathematics. One such colony has sprung up along the coast of what is now known as central California, a village of perhaps two-hundred-plus souls who have come from far away. Among these are a young man and a young woman who have fallen in love but must overcome the embodiment of evil itself. They also must search for the object that will tell of their past and of their origins—an object that is critical to the successful continuation of their future and of the future of generations to come.