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The Caribbean
			: From Vulnerability to Sustained Growth

The Caribbean : From Vulnerability to Sustained Growth »

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

DOI: http://dx.doi.org/10.5089/9781589065147.071

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

This book sets out the economic challenges facing the island nations of the Caribbean and presents policy options to ameliorate external shocks and embark firmly on a sustained growth path. While the countries of t...

11 Eastern Caribbean Tourism: Developments and Outlook

11 Eastern Caribbean Tourism: Developments and Outlook »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

Tourism contributes significantly to GDP, public finances, and the balance of payments in the countries of the Eastern Caribbean Currency Union (ECCU)....

9 Emigration and Brain Drain from the Caribbean

9 Emigration and Brain Drain from the Caribbean »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

While a vast amount of theoretical and empirical literature considers the impact of immigration on destination countries, little work has been done on emigration and...

3 Fiscal Policy: Is the Eastern Caribbean Currency Union a Free-Riding Paradise?

3 Fiscal Policy: Is the Eastern Caribbean Currency Union a Free-Riding Paradise? »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

Currency unions with fixed exchange rates can induce mutually conflicting fiscal incentives. On the one hand, fiscal overspending by one country can trigger a costly abandonment of the peg for the entire uni...

8 Government Responses to Natural Disasters in the Caribbean

8 Government Responses to Natural Disasters in the Caribbean »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

Economic vulnerability in the Caribbean region is extremely high. A major driver of this vulnerability is the region’s exposure to external shocks generated by natural disasters—over the last th...

I Fiscal Policy Challenges

I Fiscal Policy Challenges »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

...

II Macroeconomic Cycles and Volatility

II Macroeconomic Cycles and Volatility »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

...

III Financial Sector Issues

III Financial Sector Issues »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

...

12 Integration and Growth in the Eastern Caribbean

12 Integration and Growth in the Eastern Caribbean »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

This chapter explores the extent and effects of regional and international integration of the Eastern Caribbean Currency Union (ECCU) countries. 1...

5 Islands of Stability? Determinants of Macroeconomic Volatility in the Eastern Caribbean Currency Union

5 Islands of Stability? Determinants of Macroeconomic Volatility in the Eastern Caribbean Currency Union »

Source: The Caribbean : From Vulnerability to Sustained Growth

Series: Books

Author(s): David Robinson , Paul Cashin , and Ratna Sahay

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2006

ISBN: 9781589065147

Keywords: disasters, debt, disaster, public debt, tourism

With their high degree of openness, dependence on tourism, and proneness to natural disasters, the countries of the Eastern Caribbean Currency Union (ECCU) are unusually exposed to external shoc...