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…
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…
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…
Oct 2013
Author(s): Ruprah, Inder J.; Sierra, Ricardo
In this policy brief, we review the laments of Caribbean businesspersons. We find that subjective perceptions are rooted in an objective reality. Businesspersons do not complain gratuitously.…