ABSTRACT
The economy experienced negative GDP growth in the period 1990 to 1993. Positive GDP growth resumed in 1994, with sectors such as agriculture and tourism leading the recovery. (See Table 2.1.) Growth was strongly positive in 1996 and 1999. ‘Real GDP [however] is still only 65 per cent of its 1989 level’ (The Economist, 20 November 1999, p. 86). Open inflation is under control.
