Essays

The Barbados IBFS Sector and the Efficiency of International Commerce

2015: Barbados is a competitive, high quality provider of IBFSs. International companies are able to increase their competitive offerings on the global market by judicious use of Barbados' IBFS centre. The economic logic that is driven by competitive forces is what drives expectations of continuing growth of IBFS services in Barbados and elsewhere.

Central Banks and the Financing of Development

2015: The independence of the central bank allows it to stand in for Government in the provision of infant industry finance in appropriate forms and linked to demonstrated performance, measured against clearly stated objectives. ….. For economies such as [those of the Caribbean], financial stability is the means to an end, that is, financial development. In pursuit of financial development the central bank may play the vital role of providing performance related finance for innovation, by virtue of its independent stature within the public sector.

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