Oct 2020
Author(s): Arteaga Garavito, Maricruz;Beuermann, Diether;Giles Álvarez, Laura;McCaskie, Ariel
We conducted a telephone-based nationally representative survey of Barbados between May and June 2020. The main objective was to quantify the early consequences of the COVID-19 pandemic. We document…
Jun 2020
Author(s): Mooney, Henry;Zegarra, Maria Alejandra
The COVID-19 crisis will have devastating implications for countries around the worldparticularly tourism-dependent economies. This paper highlights the vulnerability of many Latin American and…
Jun 2020
Author(s): Mooney, Henry;Zegarra, Maria Alejandra
La COVID-19 tendrá consecuencias devastadoras para los países de todo el mundo, en particular para aquellos que dependen del turismo. Nuestro capítulo resalta que muchos países de América Latina y el…
Jun 2020
Author(s): Gauto, Victor;Mooney, Henry
Guyana's economy is on the verge of a historic transformation owing to recent oil discoveries. In this context, maximizing the benefits of faster growth and increased revenues will depend…
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…
Sep 2019
Author(s): Wright, Allan;Grenade, Kari
This policy brief discusses strategic imperatives to build “360 resilience” in Caribbean countries. In this regard, it calls for a change of course in the region’s development trajectory and puts…
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…
Apr 2019
Author(s): Bollers, Elton;Deyal, Zubin;Gauto, Victor;Giles Álvarez, Laura;Khadan, Jeetendra;Mooney, Henry;Smets, Lodewijk;Waithe, Kimberly;Wright, Allan
This policy brief summarizes challenges in the infrastructure sectors of The Bahamas, Barbados, Guyana, Jamaica, Suriname, and Trinidad and Tobago. It also includes recommendations to overcome these…
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…
Dec 2018
Author(s): Schmid, Juan Pedro;Waithe, Kimberly;Lorde, Kishmar
The Barbados economy has been challenged over the last decade by elevated fiscal deficits and a rapid build-up in debt. While the country has made efforts to address this challenge through revenue…
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…
Nov 2018
Author(s): Mooney, Henry
Despite tremendous strides in recent years toward economic stabilization, debt reduction, and structural reform, financial sector development and access in Jamaica lag behind peers. Development-…
Aug 2018
Author(s): Smets, Lodewijk
Policies are not designed and implemented by a social planner but are determined through a political process, based on the policymakers' preferences, beliefs and the constraints provided by…
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…
Jun 2018
Author(s): Khadan, Jeetendra;Baxter, Sasha
This paper examines the effectiveness of Guyana’s fiscal framework as the country prepares to usher in an era of oil wealth. The paper draws on a large body of literature to determine the key…
May 2018
Author(s): Khadan, Jeetendra
Human capital, as reflected in education levels and skills, and innovation are two important engines of economic growth. The Caribbean is deficient in both: lower than expected GDP growth rates are…
May 2018
Author(s): Schmid, Juan Pedro;Giles Álvarez, Laura;Waithe, Kimberly
This policy brief presents a summary of the development challenges facing the country of Barbados
May 2018
Author(s): Wenner, Mark D.;Bollers, Elton
This policy brief presents a summary of the development challenges facing the country.
May 2018
Author(s): Mooney, Henry;Schmid, Juan Pedro
This policy brief presents a summary of the development challenges facing the country.