Dec 2016
Author(s): Khadan, Jeetendra
Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices,…
Dec 2016
Author(s): Ruprah, Inder J.; Wright, Allan; Thomas, Chrystol; Wenner, Mark D.; Schmid, Juan Pedro; Pradelli, Juan Jose; Clarke, Dillon; Waithe, Kimberly
The macroeconomic performance of the countries in the Country Caribbean Department on average worsened in 2016 but is expected to improve in 2017. However, downside risks remain, including heightened…
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): 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…
Sep 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.; Schmid, Juan Pedro; Wright, Allan; Gomez Osorio, Camillo; Waithe, Kimberly; Wenner, Mark D.; Clarke, Dillon; Thomas, Chrystol; Pradelli, Juan Jose; Okey, Onoh-Obasi
British voters surprised the world when they voted to leave the European Union in June 2016. Markets reacted heavily to the surprise, resulting in high volatility in all major stock indices as well…