Since the establishment of the Central Bank of Barbados in May 1972, the focus has been on acquiring a deep understanding of the domestic economic challenges and the broader issues surrounding sustainable development in small states. While most of this research, as should be expected, has...

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...

Since 1970, private sector credit has grown quite rapidly in the Caribbean. More recently, between 2004 and 2006, total real credit in the Caribbean has risen by a cumulative 55.7 percent, or approximately 19 percent per annum. In some countries, the rate of expansion has even been stronger,...

The tourist industry is widely recognised as the key engine of growth in the Caribbean, representing a significant source of foreign exchange earnings and employment. The present study provides an assessment of how climate change could likely impact on regional tourism features. The analysis is...

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...