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…
Sep 2018
Author(s): Wenner, Mark D.; Deopersad, Chitralekha; Saghir, Lynn; Mejia, Camila; Gischler, Christiaan; Pavon, Fernando; Payne, Dana; Pecha, Camilo; Beepath, Vasu; Marray, Amanda
The first edition of The Next Wave magazine is meant to feature how the Caribbean Country Department is dedicated to creating vibrant and resilient economies in the Caribbean and how it is focused on…
Jul 2018
Author(s): Wenner, Mark D.; Bollers, Elton; Hosein, Roger
The relationship between natural resource endowments and economic growth and development has attracted much attention. Specifically, the Dutch disease phenomenon, which has crippled several economies…
Jun 2018
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Schwartz, Moises; Waithe, Kimberly
The year 2017 brought mixed results for the countries of the Caribbean Country Department of the Inter-American Development Bank, and the situation remains similar in 2018. While The Bahamas,…
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…
Jan 2016
Author(s): O'Brien, Cherran; Khadan, Jeetendra; Thomas, Chrystol; Wenner, Mark D.; 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). The countries…
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…