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): Mercer-Blackman, Valerie; Melgarejo, Karl Alexander
Caribbean countries are many times described as "vulnerable" in that they are highly prone to shocks such as food price hikes, natural disasters, and other global phenomena. This policy…
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…