May 2020
Author(s): Bollers, Elton; Christie, Jason; Gauto, Victor; Giles Álvarez, Laura; Khadan, Jeetendra; Mooney, Henry; Rosenblatt, David; Smets, Lodewijk
The policies being implemented in the region to mitigate the effects of COVID-19 are short-term support mechanisms, to ensure income for the most vulnerable groups and support to firms facing demand…
Apr 2020
Author(s): Mooney, Henry; Rosenblatt, David; Giles Álvarez, Laura; Zegarra, Maria Alejandra; Gauto, Victor; Christie, Jason; Smets, Lodewijk; Khadan, Jeetendra
This special edition of the Caribbean Quarterly Bulletin focuses on the evolving economic and human consequences of the ongoing COVID-19 outbreak for countries in the Caribbean region. Our team of…
Apr 2020
Author(s): Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Castellani, Francesca; Gauto, Victor; Rosenblatt, David
These briefings identify the economic consequences of the outbreak of COVID-19 in each of the IDBG borrowing member countries, as of April 3rd, 2020.
Mar 2020
Author(s): Deyal, Zubin; Smets, Lodewijk
Over the past three decades, fiscal rules have increasingly been used as a tool to promote fiscal responsibility and macroeconomic stability. In principle, fiscal rules have numerous benefits,…
Mar 2020
Author(s): Seminario, Bruno; Zegarra, Maria Alejandra; Palomino, Luis
En esta investigación estudiamos la distribución regional del ingreso en el Perú desde 1795 hasta el 2017. Para lograr este objetivo, reconstruimos las series regionales de PIB y población de…
Jan 2020
Author(s): Zegarra, Maria Alejandra; Schmid, Juan Pedro; Palomino, Luis; Seminario, Bruno
Hurricane Dorian has been among the most devastating natural disasters ever to hit The Bahamas. The estimated damages and losses from it amount to US$3.4 billion (IDB, 2019), a number equivalent to a…
Jan 2020
Author(s): Khadan, Jeetendra; Strobl, Eric; Tuffour, Theophiline
This paper examines the allocation of resources of poverty rates within households in Suriname. To this end we employ a bargaining model estimation framework that allows one to identify the…
Jan 2020
Author(s): Khadan, Jeetendra
This paper provides long- and short -run tax buoyancy estimates for a group of 12 Caribbean countries over the period 1991-2017. By using panel regressions, this paper finds that the long- and short-…
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…
Dec 2019
Author(s): Rosenblatt, David; Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Christie, Jason
The divergence in the development of the countries that correspond to the Inter-American Development Banks Caribbean Country Department and the Organisation of Eastern Caribbean States (OECS)…
Nov 2019
Author(s): Giles Álvarez, Laura; Gomes, Zandra ; Schmid, Juan Pedro; Waithe, Kimberly
Barbados is a small tourism based economy accounting directly for 12 percent of real gross domestic product and over 40 percent of GDP when considering indirect spillovers to other sectors. It has…
Nov 2019
Author(s): Seminario, Bruno; Zegarra, Maria Alejandra; Palomino, Luis
El objetivo de esta investigación es estudiar la desigualdad regional en el Perú usando un concepto multifacético, es decir, incluyendo distintas dimensiones: Desigualdad, modalidad, convergencia y…
Sep 2019
Author(s): Schmid, Juan Pedro; Wright, Allan; Bollers, Elton; Khadan, Jeetendra; Smets, Lodewijk; Mooney, Henry; Giles Álvarez, Laura; Waithe, Kimberly; Gauto, Victor; Zegarra, Maria Alejandra; Christie, Jason; Gomes, Zandra ; Baboolal, Denesh; Montano, Robin
Welcome to the September 2019 Caribbean Region Quarterly Bulletin. Infrastructure is the lifeblood of a country. However, low, and even declining, investments, insufficient maintenance and extreme…
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…
Aug 2019
Author(s): Beuermann, Diether; Jackson, C. Kirabo; Navarro-Sola, Laia; Pardo, Francisco
Is a school's impact on high-stakes test scores a good measure of its overall impact on students? Do parents value school impacts on high-stakes tests, longer-run outcomes, or both? To answer…
Jun 2019
Author(s): Khadan, Jeetendra
Many countries in the Caribbean have been grappling with persistent fiscal imbalances and rising debt levels. The average debt to GDP ratio in the Caribbean in 2017 was 76.6 percent, higher than the…
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…
Jun 2019
Author(s): Bernales, Alejandro; Beuermann, Diether; Cumming, Douglas; Olid, Christian
Relatively little is known about the effects of blue-collar crime (theft, robbery, vandalism or arson) on financial decisions. Previous literature has focused its attention either on 'regional…
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): 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…