Apr 2018
Author(s): Grenade, Kari; Wright, Allan
Risks from climatic changes, advances in financial technology, de-risking activities by correspondent banks, and changing lifestyles and expectations of millennial customers are deemed to be macro-…
Feb 2017
Author(s): Wright, Allan; Kellman, Bradley
De-risking has the potential to develop into a threat to Barbados posing a challenge to the country's continued development and economic stability if left unchecked. Early indications are that…
Nov 2016
Author(s): Wright, Allan
It is essential to have secure, stable monetary and worldwide payment frameworks that reduce exposure to Money Laundering and Terrorism Financing (ML/FT), while permitting access to markets and…
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…
Apr 2015
Author(s): Schmid, Juan Pedro
The worldwide fight against money laundering (AML) is escalating. Individuals and businesses that conduct and depend on legitimate international financial transactions are feeling the impact of…
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…
Sep 2013
Author(s): Cortazar, Gonzalo; Beuermann, Diether; Bernales, Alejandro
Thinly traded securities exist in both emerging and well developed markets. However, plausible estimations of market risk measures for portfolios with infrequently traded securities have not been…