Dec 2019
Author(s): Rosenblatt, David; Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Christie, Jason
The divergence in the development of the countries that correspond to the Inter-American Development Banks Caribbean Country Department and the Organisation of Eastern Caribbean States (OECS)…
Sep 2019
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Zegarra, Maria Alejandra; Christie, Jason; Gomes, Zandra ; Baboolal, Denesh; Montano, Robin
Welcome to the September 2019 Caribbean Region Quarterly Bulletin. Infrastructure is the lifeblood of a country. However, low, and even declining, investments, insufficient maintenance and extreme…
Sep 2019
Author(s): Wright, Allan; Grenade, Kari
This policy brief discusses strategic imperatives to build “360 resilience” in Caribbean countries. In this regard, it calls for a change of course in the region’s development trajectory and puts…
Jun 2019
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Deyal, Zubin; Gauto, Victor; Christie, Jason
The Year 2019 and Beyond
• Following the recent strong performance of the global economy, forecasts are slightly less optimistic for the future. In addition, downside risks have increased and…
Dec 2018
Author(s): Schmid, Juan Pedro; Schwartz, Moises; Zegarra, Maria Alejandra; Wright, Allan; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Bollers, Elton; Mooney, Henry; Khadan, Jeetendra; Smets, Lodewijk
The divergence in the development of the countries that correspond to the Inter-American Development Bank’s Caribbean Country Department and the Organisation of Eastern Caribbean States (OECS)…
Nov 2018
Author(s): Mooney, Henry; Wright, Allan; Grenade, Kari
Fiscal councils are among the most recent innovations in terms of the architecture of fiscal institutions. This paper provides an overview of the history and evolution of these institutions, research…
Sep 2018
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Schwartz, Moises; Waithe, Kimberly; Deyal, Zubin; Gauto, Victor
While countries in the Caribbean are highly diverse, several common development challenges emerge, including weak fiscal institutions, crime and violence, a sluggish private sector, weak productive…
Sep 2018
Author(s): Beuermann, Diether; Schwartz, Moises; Schmid, Juan Pedro; Dippel, Christian; Schmidt-Hebbel, Klaus; Khadan, Jeetendra; Pecha, Camilo; Fajgenbaum, Jose; Loser, Claudio; Wright, Allan; Waithe, Kimberly; Bollers, Elton; Bonnett, Kevin; Wenner, Mark D.; Mejia, Camila; Mooney, Henry; Smets, Lodewijk
The book explores the historical development and status of political and economic institutions in The Caribbean. The Caribbean institutional reality is studied vis-à-vis best international practices…
Jun 2018
Author(s): Wright, Allan; Grenade, Kari
This Policy Brief examines The Bahamas’ Fiscal Responsibility Bill 2018, juxtaposing it against some standard principles that typically guide the formation of a fiscal responsibility framework. Key…
May 2018
Author(s): Wright, Allan
This policy brief presents a summary of the development challenges facing the country.
Feb 2018
Author(s): Schmid, Juan Pedro; Wright, Allan; Wenner, Mark D.; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Schwartz, Moises; Beuermann, Diether; Waithe, Kimberly
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…
Sep 2017
Author(s): Clarke, Dillon; Khadan, Jeetendra; Lorde, Kishmar; Pradelli, Juan Jose; Schmid, Juan Pedro; Waithe, Kimberly; Wenner, Mark D.; Wright, Allan
All countries in the Caribbean face fiscal challenges. On the one hand, the countries that depend on tourism – Jamaica, Barbados, and The Bahamas – are at different stages of dealing with the…
Jun 2017
Author(s): Schmid, Juan Pedro; Wright, Allan; Waithe, Kimberly; Wenner, Mark D.; Clarke, Dillon; Khadan, Jeetendra; Pradelli, Juan Jose
This issue of the Caribbean Region Quarterly Bulletin explores the importance of commodities for the region’s countries. While the Caribbean includes commodity producers, most members depend heavily…
May 2017
Author(s): Wright, Allan; Ramirez, Francisco A.
This study uses simulations of state-dependent distributions of fiscal limits for 18 economies in Central America and the Caribbean to better understand governments¿ ability to service their debt,…
Mar 2017
Author(s): Khadan, Jeetendra; Pradelli, Juan Jose; Schmid, Juan Pedro; Wenner, Mark D.; Wright, Allan; Clarke, Dillon; Waithe, Kimberly
This Caribbean Region Quarterly Bulletin explores constraints to private sector development in the Caribbean. With economic growth weak and dependent on only a few sectors -either tourism or…
Mar 2013
Author(s): Di Tata, Juan Carlos; Puerta, Juan Manuel; Gray, Cheryl; Reichmann, Thomas; Suarez, David
One of the most debated parts of the IDB-9 Agreement was the requirement that the Inter-American Development Bank (IDB or Bank) enhance its macroeconomic analysis and link it to its country…
Dec 2006
Author(s): Galindo, Arturo; Scartascini, Carlos; Payne, J. Mark; Daughters, Robert; Melo, Alberto; Echebarría, Koldo; Lora, Eduardo; Filc, Gabriel; Micco, Alejandro; Chong, Alberto E.; Panizza, Ugo; Benavides, Juan; Magaldi de Sousa, Mariana; Navarro, Juan Carlos; Márquez, Gustavo; Cortázar Velarde, Juan Carlos; Mesa-Lago, Carmelo; Harper, Leslie; Rodríguez-Clare, Andrés; Perusia, Juan Cruz
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of…