Caribbean Region Quarterly Bulletin: Volume 7: Issue 1: March 2018
Countries that have set themselves on a course of strengthening the quality of their institutions to provide a minimum of certainty to economic agents have been able to alter their development paths. Less successful countries are those where these institutions are absent or have not been properly developed. A lack of institutions, or having institutions that are Ill-designed, has resulted in more vulnerable economies with reduced flexibility to adapt and confront changing and unexpected circumstances. The Caribbean Country Department (CCB) is currently analyzing institutional quality and design in several of the countries under its purview. This Quarterly Bulletin provides some initial findings about the following countries: The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago.