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…
Aug 2014
Author(s): Mercer-Blackman, Valerie; Salazni, Mariana
Are output changes and the unemployment rate related in Trinidad and Tobago? According to the economic theory known as Okun's Law, the two variables should be negatively correlated, and for the…
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…
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…
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…