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): Wright, Allan; Asher, Sam
This Policy Brief argues that inclusion on any future adopted European Union (EU) AML/CFT list of high-risk third jurisdictions would be problematic for The Bahamas for three main reasons. First, EU…
Apr 2019
Author(s): Abuelafia, Emmanuel; Astudillo, Jhonatan A.; Barrios, Juan José; Coj-Sam, Jorge; Del Carmen, Giselle; Díaz, Ana Karen; Escobar, Julia; Filippo, Agustín; Garcimartín, Carlos; Lagarda, Guillermo; Linares, Jennifer; López, Arnoldo; Martínez, André; Mejía, Alejandra; Prat, Jordi; Solorzano, José; Torrentes-García, Laura; Vargas, Fanny; Zentner, Joaquín
This policy brief summarizes challenges in the infrastructure sectors of Belize, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, and Panama. It also…
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…
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…
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.
Apr 2018
Author(s): Grenade, Kari; Wright, Allan
Risks from climatic changes, advances in financial technology, de-risking activities by correspondent banks, and changing lifestyles and expectations of millennial customers are deemed to be macro-…
Feb 2017
Author(s): Wright, Allan; Kellman, Bradley
De-risking has the potential to develop into a threat to Barbados posing a challenge to the country's continued development and economic stability if left unchecked. Early indications are that…
Jan 2017
Author(s): Wright, Allan
From productivity performance indicators derived from the World Bank, The Bahamas is underperforming relative to our Caribbean economies and even other small economies within Latin America and the…
Nov 2016
Author(s): Wright, Allan
It is essential to have secure, stable monetary and worldwide payment frameworks that reduce exposure to Money Laundering and Terrorism Financing (ML/FT), while permitting access to markets and…
Dec 2013
Author(s): Nugent, Stevonne; Schmid, Juan Pedro
Jamaican firms are constantly plagued by a number of issues that restrict their ability to grow. The World Bank's Enterprise Survey examined the key indicators to give insight on the business…
Nov 2013
Author(s): Nugent, Stevonne; Schmid, Juan Pedro
Jamaica is projected to exit a prolonged recession that has left deep scars in the socioeconomic conditions of the country. Besides increasing macroeconomic vulnerabilities and halting economic…