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Aruba Dec 11
Standard & Poors, Dec 2011
Abstract
Prosperous economy, with per capita GDP of about $25,000; Stable democracy and high level of social development; and Strong general government balance sheet with sizable public sector pension plan assets. A narrow economic base; Limited monetary and external flexibility; and A sizeable gross general government debt burden. Standard & Poor's Ratings Services' ratings on Aruba reflect its prosperous economy, with per capita GDP of about $25,000, its stable democracy, its high level of social development, and its strong general government balance sheet. The rating constraints are its narrow economic base, limited monetary and external flexibility, and its sizeable gross general government debt burden, which is, nonetheless, more than offset by its public sector pension assets. The stable outlook reflects recent...
Companies mentioned in this report are: Aruba
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
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