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…
Jul 2015
Author(s): Mercer-Blackman, Valerie; Melgarejo, Karl Alexander; Salazni, Mariana
Sustainable economic growth has reemerged as a subject of Caribbean policydiscussions, given the region's relatively lackluster performance in recent
decades. However, most policy…
Nov 2013
Author(s): Mercer-Blackman, Valerie; Melgarejo, Karl Alexander
Caribbean countries are many times described as "vulnerable" in that they are highly prone to shocks such as food price hikes, natural disasters, and other global phenomena. This policy…
Sep 2013
Author(s): Ruprah, Inder J.; Melgarejo, Karl Alexander
In this policy brief, we focus on the debates surrounding what has been called the "silent debt crisis" of the Caribbean. We discuss the level of debt at which the relation with economic…