How can monetary authorities determine whether the current account balance is problematic? One method is based on the intertemporal consumption-smoothing model. This paper applies the intertemporal consumption-smoothing model - which is used to derive the optimal current account - to Barbados,...

Transitioning towards a green economy -one that focuses on reducing. - environmental risks and resource scarcities, while also improving well-being- has. - been put forward as one possible path towards sustainable development. While. - the potential advantages of pursuing a green development...

This paper provides an assessment of the size and composition of household debt in Barbados over the period 1990 to 2010. First, the study estimates the size of household indebtedness, with particular emphasis on recent trends in household debt and the main providers of credit. Second, it...

Purpose – Credit booms have frequently been identified as causes of financial crises. However, credit growth, and the supply of finance, in general, is intimately associated with economic growth. The purpose of this paper is to consider why Caribbean countries go through episodes of credit...

Purpose – Since the decline of export agriculture and the loss of trade preferences, most Caribbean countries have shifted their economies towards the provision of tourism services. Barbados, for example, receives more than two‐thirds of its foreign exchange earnings from tourism. The...

Purpose – Credit booms have frequently been identified as causes of financial crises. However, credit growth, and the supply of finance, in general, is intimately associated with economic growth. The purpose of this paper is to consider why Caribbean countries go through episodes of credit...