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…
Jan 2016
Author(s): Schmid, Juan Pedro; Malcolm, Xavier
The buildup of debt in Jamaica has been concurrent with the country's sloweconomic growth, and the issues are intertwined. High debt slows economic
growth, and slow economic growth makes…
Dec 2014
Author(s): Schmid, Juan Pedro; Malcolm, Xavier
This brief presents simulations of an Ebola scare in the Caribbean, including three highly tourism-dependent economies, The Bahamas, Barbados, and Jamaica. On the basis of the experience of Mexico in…
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…
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.…