Feb 2020
Author(s): Cavallo, Eduardo A.;Izquierdo, Alejandro;Ardanaz, Martín;Puig, Jorge
Fiscal adjustment episodes tend to be accompanied by large public investment cuts across countries, contributing to the well documented procyclical bias in public capital expenditures. We study…
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…