Table of Contents:
  • Overview / Ratna Sahay, David O. Robinson, and Paul Cashin
  • Stabilization, debt, and fiscal policy in the Caribbean / Ratna Sahay
  • Fiscal policy: is the Eastern Caribbean Currency Union a free-riding paradise? / Rupa Duttagupta and Guillermo Tolosa
  • Key features of Caribbean business cycles / Paul Cashin
  • Islands of stability? Determinants of macroeconomic volatility in the Eastern Caribbean Currency Union / Tobias Rasmussen and Guillermo Tolosa
  • Eastern Caribbean Currency Union banking system in a time of fiscal challenge / Jingqing Chai
  • Natural disasters and their macroeconomic implications / Tobias Rasmussen
  • Government responses to natural disasters in the Caribbean / Paul Cashin and Pawel Dyczewski
  • Emigration and brain drain from the Caribbean / Prachi Mishra
  • Tax concessions and foreign direct investment in the Eastern Caribbean Currency Union / Jingqing Chai and Rishi Goyal
  • Eastern Caribbean tourism: developments and outlook / Ruby Randall
  • Integration and growth in the Eastern Caribbean / Montfort Mlachila, Wendell Samuel, and Patrick Njoroge.