Working Papers

Competitiveness in the Caribbean and Central America

2012: This study includes measures of price and non-price competitiveness in the Caribbean. Results suggest that most countries have become more price competitive, while the smaller Caribbean islands have increased their advantage in the exports of goods and services and international finance. Preliminary estimates also provide some evidence that aggregate world demand, local investment and price competitiveness improve the growth of production in the tradable sector.

A Framework for Interest Rate Policy in Barbados

2012: This paper provides the rationale for the Central Bank of Barbados’ market-based interest rate policy, instituted in April 2015.

Priorities for International Financial Reform, from a Caribbean Perspective

2011: This paper reports on a risk analysis for Caribbean international financial centres, and makes the case that the international initiatives for financial reform should be tailored to the risks, and the process should use the expertise which resides in the IMF and World Bank to lend credibility and fairness to international financial reforms.

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