This paper analyzes the business cycle characteristics of the economies of the Organization of Eastern Caribbean States using a model of a small open economy subject to interest rate and fiscal expenditure shocks and financial frictions. The paper shows that macroeconomic aggregates in this...

This systematic country diagnostic (SCD) discusses on Belize's ability to promote faster poverty reduction and greater shared prosperity which will depend on how well the country deals with its main sources of vulnerability. The main areas in need of a big push that could have the highest...

La Republica Dominicana se destaca por ser una economia en rapido crecimiento que no le ha sido posible generar una reduccion proporcional en la pobreza. Tres razones han sido planteadas anteriormente para explicar esta paradoja: (i) un mercado laboral que no traduce el aumento de la...

The Dominican Republic stands out as a fast growing economy that has not been able to generate a commensurate reduction in poverty. Three reasons have been raised before to explain this conundrum: (i) a labor market that does not translate productivity gains into salary increases; (ii) a...

In Brazil's commercial and economic structure, the country's southern and southeastern regions are the main producers of goods and the greatest goods importing regions. That structure is clearly reflected in port operations occurring in these regions, so it would be profitable for ports in these...

<title>Abstract</title> This article applies a methodology for selecting carriers for the transportation of dangerous goods by road, with a special focus on risk management aspects. The methodology makes use of Stated Preference techniques and verifies the most critical risk-related variables influencing...

In this article we present a method of pricing maximum and minimum fares of leased public utilities. The theoretical ground of such method is the investment valuation theory, which allows us to price financial and real assets. The suggested method applies to leased public transport services...

The Brazilian Federal and State Governments’ lack of funds for investing in port infrastructure is notorious. Accordingly, there is a need to seek out other sources of finance to address the needs of Brazilian ports. One of the options available in the financial market is securitisation...