Nov 2018
Author(s): Mooney, Henry; Wright, Allan; Grenade, Kari
Fiscal councils are among the most recent innovations in terms of the architecture of fiscal institutions. This paper provides an overview of the history and evolution of these institutions, research…
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…
May 2018
Author(s): Wright, Allan
This policy brief presents a summary of the development challenges facing the country.
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…
Jan 2017
Author(s): Wright, Allan
From productivity performance indicators derived from the World Bank, The Bahamas is underperforming relative to our Caribbean economies and even other small economies within Latin America and the…
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…
Jan 2013
Author(s): Galindo, Arturo; Rojas-Suárez, Liliana; del Valle, Marielle
The importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully recognized during the recent global financial crisis. A central lesson from…
Dec 2011
Author(s): Galindo, Arturo; Rojas-Suárez, Liliana; del Valle, Marielle
Since the eruption of the global financial crisis in 2008 international setting bodies and local regulators around the world have been hard at work designing and implementing new regulatory…
Jan 2011
Author(s): Galindo, Arturo; Rojas-Suárez, Liliana
This policy note focuses on provisioning practices in Latin America, a supervisory tool that if well designed can contribute to strengthen both micro and macro prudential regulation. For that purpose…