Jan 2020
Author(s): Mooney, Henry; Giles Álvarez, Laura
This paper presents an assessment of financial market development, access, and inclusion for Barbados. Based on a review of indicators, survey data, and other metrics, our analysis suggests that…
Mar 2019
Author(s): Schmid, Juan Pedro; Wright, Allan; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Gauto, Victor; Zegarra, Maria Alejandra
The March 2019 Caribbean Region Quarterly Bulletin focuses on a specific challenge for the Caribbean economies – insufficient financial inclusion, which can hold back growth, development, and efforts…
Nov 2018
Author(s): Mooney, Henry
Despite tremendous strides in recent years toward economic stabilization, debt reduction, and structural reform, financial sector development and access in Jamaica lag behind peers. Development-…
May 2017
Author(s): Arana, Rumile; Ramirez, Francisco A.; Wright, Allan
Our paper addresses the issue on the interaction between monetary and macroprudential policies in small open economies for different exchange rate regimes. The need for macroprudential policy arises…
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…
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…
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…