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)…
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…
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…
Dec 2016
Author(s): Ruprah, Inder J.; Sierra, Ricardo
The performance of the private sector is crucial for a country's economic growth. Thus, this report revisits the theme of low Caribbean growth, viewed through a macroeconomic lens in the…
Oct 2016
Author(s): Khadan, Jeetendra; Hosein, Roger
This paper estimates the trade, revenue, and welfare effects of the proposedCaribbean Community (CARICOM)-Canada free trade agreement (FTA) on
CARICOM countries using a partial equilibrium…
Sep 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.; Schmid, Juan Pedro; Wright, Allan; Gomez Osorio, Camilo; Waithe, Kimberly; Wenner, Mark D.; Clarke, Dillon; Thomas, Chrystol; Pradelli, Juan Jose; Okey, Onoh-Obasi
British voters surprised the world when they voted to leave the European Union in June 2016. Markets reacted heavily to the surprise, resulting in high volatility in all major stock indices as well…
Jul 2016
Author(s): Wenner, Mark D.; Clarke, Dillon
Chinese and Caribbean economic relations have deepened over the past decade and a half. The paper analyzes the impetus for China's foreign economic policy to reach out to developing regions such…
Jun 2016
Author(s): Khadan, Jeetendra; Ruprah, Inder J.; Waithe, Kimberly; Wenner, Mark D.; Clarke, Dillon; Schmid, Juan Pedro; Thomas, Chrystol; Pradelli, Juan Jose; Blenman, Shamar
A moniker often invoked to describe the Caribbean is: "high debt, low growth." It was never completely true. Today it may have become so. The tourism countries, Jamaica, Barbados, and The…
Dec 2015
Author(s): Mercer-Blackman, Valerie
In this paper, the author examines the current structure of the tax system for hydrocarbon production in Trinidad and Tobago in light of global trends in hydrocarbon taxation. Some of the main…
Jul 2015
Author(s): O'Brien, Cherran; Thomas, Chrystol; Wenner, Mark D.; Schmid, Juan Pedro; Gomez Osorio, Camilo; Khadan, Jeetendra
The Caribbean Region Quarterly Bulletin discusses recent economic developments in the 6 IDB-member Caribbean countries, as well as the Organization of Eastern Caribbean States (OECS). The countries…
Mar 2015
Author(s): O'Brien, Cherran; Thomas, Chrystol; Wenner, Mark D.; Gomez Osorio, Camilo; Khadan, Jeetendra; Dukharan, Marla; Malcolm, Xavier; Salazni, Mariana; Schmid, Juan Pedro
The Caribbean Region Quarterly Bulletin discusses recent economic developments in the 6 IDB-member Caribbean countries, as well as the Organization of Eastern Caribbean States (OECS). Being the first…
Nov 2014
Author(s): Beuermann, Diether; Amelina, Maria
This paper provides the first experimental evaluation of the participatory budgeting model showing that it increased public participation in the process of public decision making, increased local tax…
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…
Feb 2014
Author(s): Mercer-Blackman, Valerie; Seerattan, Dave
This policy brief defines the challenges of conducting appropriate fiscal policy over the past 20 years in four Caribbean countries (The Bahamas, Barbados, Suriname, and Trinidad and Tobago) and…