Jun 2019
Author(s): Asher, Sam; Novosad, Paul
As cities in developing countries continue to grow rapidly, there is little empirical evidence about how this affects growth in surrounding rural economies. We study the effects of shocks to labor…
Jun 2019
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Deyal, Zubin; Gauto, Victor; Christie, Jason
The Year 2019 and Beyond
• Following the recent strong performance of the global economy, forecasts are slightly less optimistic for the future. In addition, downside risks have increased and…
May 2019
Author(s): Schmid, Juan Pedro; Zegarra, Maria Alejandra
According to the World Bank’s Doing Business report, most Caribbean countries have made starting a business much easier in recent years. This is the result of changes in regulations and in the…
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…
Mar 2019
Author(s): Schmid, Juan Pedro
Jamaica tuvo que enfrentar la crisis financiera mundial del 2008 con una economía débil y altos niveles de deuda. En esta coyuntura económica, la situación fiscal de Jamaica se hizo insostenible. A…
Feb 2019
Author(s): Giles Álvarez, Laura; Waithe, Kimberly; Deyal, Zubin
The concepts of economic growth, public debt, and the government’s fiscal balance are strongly intertwined. In Barbados, low growth and recurring fiscal deficits have led to rapid accumulation of…
Feb 2019
Author(s): Molina-Millan, Teresa; Macours, Karen; Maluccio, John A.; Tejerina, Luis
Conditional cash transfer programs have become a popular social protection tool in developing countries. They aim to reduce short-term poverty through cash transfers and long-term poverty through…
Nov 2017
Author(s): Sosa, Mariano; Powell, Andrew
The July 2017 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2017 for the eight countries covered by…
Nov 2017
Author(s): Pavel Vidal, Alejandro
En el presente estudio se realizan mediciones, a la tasa PPA, del PIB total y per cápita y la productividad de la economía cubana, y se comparan con 10 economías de similar tamaño en América Latina y…
Jun 2017
Author(s): Sosa, Mariano; Powell, Andrew
The February 2017 surveys of expectations conducted by Central Banks in the region, simple average growth expectations for2017 for the eight countries covered by Revela fell by 0.1% from 2.4% to 2.3…
Mar 2017
Author(s): Khadan, Jeetendra; Pradelli, Juan Jose; Schmid, Juan Pedro; Wenner, Mark D.; Wright, Allan; Clarke, Dillon; Waithe, Kimberly
This Caribbean Region Quarterly Bulletin explores constraints to private sector development in the Caribbean. With economic growth weak and dependent on only a few sectors -either tourism or…
Mar 2017
Author(s): Agénor, Pierre-Richard; Pereira da Silva, Luiz A.
The effects of capital requirements on risk-taking and welfare are studied in a stochastic overlapping generations model of endogenous growth with banking, limited liability, and government…
Jan 2017
Author(s): Cheng, Gong; Díaz Cassou, Javier; Erce, Aitor
Despite the frequency of official debt restructurings, little systematic evidence has been produced on their characteristics and implications. Using a dataset covering more than 400 Paris Club…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The October 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Dec 2016
Author(s): Khadan, Jeetendra
Energy revenues represent roughly 45 percent of Trinidad and Tobago's GDP and are highly volatile since they are correlated with the price of oil and gas. Hence, sharp changes in energy prices,…
Dec 2016
Author(s): Schmid, Juan Pedro
Jamaica entered the world economic downturn in 2008 from a position of ongoing weak economic performance and high, increasing debt levels. As a result, Jamaica's fiscal situation quickly became…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The September 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered…
Nov 2016
Author(s): Sosa, Mariano; Powell, Andrew
The August 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Oct 2016
Author(s): Sosa, Mariano; Powell, Andrew
The July 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Sep 2016
Author(s): Castillo, Marola A.
This manual explains in detail the external sustainability assessment approach following Castillo (2016), given by the stock-flow relationship among net external positions, non-income current account…