Mar 2019
Author(s): Bollers, Elton; Deyal, Zubin; Gauto, Victor; Giles Álvarez, Laura; Khadan, Jeetendra; Mooney, Henry; Smets, Lodewijk; Waithe, Kimberly; Wright, Allan
This policy brief summarizes challenges in the infrastructure sectors of The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. It also includes recommendations to overcome these…
Jun 2018
Author(s): Khadan, Jeetendra; Baxter, Sasha
This paper examines the effectiveness of Guyana’s fiscal framework as the country prepares to usher in an era of oil wealth. The paper draws on a large body of literature to determine the key…
May 2018
Author(s): Khadan, Jeetendra
Human capital, as reflected in education levels and skills, and innovation are two important engines of economic growth. The Caribbean is deficient in both: lower than expected GDP growth rates are…
May 2018
Author(s): Khadan, Jeetendra
This policy brief presents a summary of the development challenges facing the country
Oct 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.
Economic diversification is an incessant theme threading policy discussion in Trinidad and Tobago, although with an ebb and flow over time. This topic is once again at the forefront of policy…
Oct 2016
Author(s): Deonarine, Amrita; Hosein, Roger; Khadan, Jeetendra
Despite seven rounds of negotiations since 2007, the Caribbean Community (CARICOM) and Canada were unable to concur on the establishment of a free trade agreement (FTA) to replace the existing…
Oct 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.
This report estimates the direct and indirect macroeconomic impact of the Brexit leave vote on the Caribbean during 2016 and 2017 in terms of economic growth, exports, tourism, and remittances. We…
Nov 2014
Author(s): Khan, Sarosh R.; Ruprah, Inder J.
Given that the Caribbean region remains open to external vulnerabilities, fiscal policy is a critical tool in managing debt sustainability. But since fiscal outcomes have been persistently poor in…
Oct 2014
Author(s): Beuermann, Diether; Ruprah, Inder J.; Sierra, Ricardo
This policy brief answers three main questions for the Jamaican economy: (a) Do remittances act as a safety net during negative health shocks? (b) Are remittances subject to moral hazard by receivers…
Aug 2014
Author(s): Ruprah, Inder J.; Sierra, Ricardo
About 29 percent of teenagers are bullied at school in the Caribbean. Victims of bullying are more lonely, sleep less, and have fewer friends than do their nonbullied peers. Although victims of…
Oct 2013
Author(s): Ruprah, Inder J.; Sierra, Ricardo
In this policy brief, we review the laments of Caribbean businesspersons. We find that subjective perceptions are rooted in an objective reality. Businesspersons do not complain gratuitously.…
Oct 2013
Author(s): Ruprah, Inder J.
In this policy brief, we review the problem of a lack of competitiveness and the policy options to improve competitiveness and hence promote economic growth. Inadequate competitiveness can be…
Sep 2013
Author(s): Aguilar, Tatiana; Cortés, Sandra; Olivera, Mauricio
El crecimiento de la economía mundial y el aumento de los precios internacionales de los productos básicos o commodities han dado lugar a un mayor dinamismo en las actividades extractivas en los…
Aug 2013
Author(s): Ruprah, Inder J.
This policy brief reviews whether the size of a country limits economic growth. Diseconomies of scale, indivisible fixed costs and geographic barriers represent intrinsic characteristics of small…
Aug 2013
Author(s): Ruprah, Inder J.; Melgarejo, Karl Alexander
In this policy brief, we focus on the debates surrounding what has been called the "silent debt crisis" of the Caribbean. We discuss the level of debt at which the relation with economic…
Jun 2002
Author(s): Freije, Samuel
The expansion of the informal sector in the last decades has been accompanied by a lack of almost every form of social protection and low-productivity/low-wage employment. This report summarizes the…