This paper reviews economic developments in Barbados during the 1990s. Economic activity declined during 1990-92 but began to recover in 1993. The recovery started slowly in 1993, but picked up in 1994, and real GDP grew by 3.8 percent in that year. Adverse weather in 1994 led to a drop in sugar...

This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest that global food inflation has significant short-run effects that build over time. Inflation...

This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...