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…
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…