Fiscal Councils: Evidence, Common Features and Lessons for the Caribbean
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…
The Bahamas Fiscal Responsibility Bill 2018: Some Observations and Practical Guidance for Implementation Effectiveness
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…
Debt, fiscal adjustment, and economic growth in Jamaica
Jan 2016
Author(s): Schmid, Juan Pedro;Malcolm, Xavier
The buildup of debt in Jamaica has been concurrent with the country's sloweconomic growth, and the issues are intertwined. High debt slows economic
growth, and slow economic growth makes…
Structural Reforms in Brazil: Progress and Unfinished Agenda
May 2012
Author(s): Ter-Minassian, Teresa
This paper discusses Brazil's structural reforms since the 1990s and areas where work remains to be done. Reforms of the 1990s included the containment of inflation, the adoption of a…