Nov 2016
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…
Oct 2016
Economic diversification is an incessant theme threading policy discussion in Trinidad and Tobago, although with an ebb and flow over time. This topic is once again at the forefront of policy…
Oct 2016
Despite seven rounds of negotiations since 2007, the Caribbean Community (CARICOM) and Canada were unable to concur on the establishment of a free trade agreement (FTA) to replace the existing…
Oct 2016
This report estimates the direct and indirect macroeconomic impact of the Brexit leave vote on the Caribbean during 2016 and 2017 in terms of economic growth, exports, tourism, and remittances. We…
Jun 2016
This paper examines three intrinsic underlying variables affecting the provision of rural electricity services: household income, household location and a country's relative wealth in terms of…
Feb 2016
El objetivo general del estudio es revisar la literatura internacional y las mejores prácticas para desarrollar un marco metodológico capaz de cuantificar el aumento de las inversiones requeridas…
Feb 2016
This paper discusses, from an analytical and operational perspective, the use of reserve requirements and loan loss provisions as countercyclical macroprudential instruments. In recent years both of…
Jan 2016
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…
growth, and slow economic growth makes…
Oct 2015
This study analyzes data collected in 2012 from a sample of public child care centers in Ecuador. It aims to characterize different quality aspects of the services provided by these centers to…
Oct 2015
Este estudio analiza información recogida en 2012 sobre una muestra de centros de cuidado infantil públicos en Ecuador. Tiene como propósito caracterizar diferentes aspectos de la calidad de los…
Oct 2015
Este trabajo identifica los determinantes del tipo de cambio real de equilibrio de Honduras y su desalineamiento durante el periodo 1990-2013. Para ello derivamos el tipo de cambio real de equilibrio…
Sep 2015
We present novel estimates of the quality of targeting of conditional cash transfer (CCT) and non-contributory pension (NCP) programs in Latin-America and the Caribbean. Our contribution is novel in…
Sep 2015
Presentamos nuevas estimaciones sobre la calidad de la focalización de los programas de transferencias monetarias condicionadas (TMC) y de las pensiones no contributivas (PNC) en América Latina y el…
Jul 2015
Sustainable economic growth has reemerged as a subject of Caribbean policydiscussions, given the region's relatively lackluster performance in recent
decades. However, most policy…
decades. However, most policy…
Apr 2015
The worldwide fight against money laundering (AML) is escalating. Individuals and businesses that conduct and depend on legitimate international financial transactions are feeling the impact of…
Feb 2015
Government spending in the developing world has historically been procyclical. Traditional explanations for this have mostly revolved around the explicit or implicit notion that fiscal procyclicality…
Jan 2015
After a long period of stagnating prices, the global bauxite market is experiencing changes which are expected to drive prices higher. To a large extent, these changes are driven by increasing demand…
Jan 2015
Este documento analiza el patrón de intervenciones en el mercado cambiario y el costo de esterilización en un conjunto de economías seleccionadas. En un contexto de grandes y frecuentes entradas de…
Dec 2014
This brief presents simulations of an Ebola scare in the Caribbean, including three highly tourism-dependent economies, The Bahamas, Barbados, and Jamaica. On the basis of the experience of Mexico in…
Nov 2014
Given that the Caribbean region remains open to external vulnerabilities, fiscal policy is a critical tool in managing debt sustainability. But since fiscal outcomes have been persistently poor in…