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While Barbados has been making good progress in implementing its Economic Recovery and Transformation (BERT) plan to … economy contracting by 18 percent. While Barbados was successful in containing the outbreak during 2020, renewed COVID-19 … waves weighed on the economic recovery in 2021. In addition, Barbados was hit by the twin natural disaster shocks of …
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The paper suggests steps to improve the efficiency of the foreign exchange market in Jamaica, and to promote its development. The financial system in Jamaica has undergone significant improvements. The most pressing problem continues to be inadequate liquidity. The results of various approaches...
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This Selected Issues paper analyzes Jamaica’s experience of low growth despite consistently high investment rates. It suggests that the link between public debt and productivity is part of the answer to the puzzle. The paper considers Jamaica’s debt management strategy and its optimal debt...
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The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world economy; consider issues affecting industrial countries, and...
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Economic outcomes in Jamaica have fallen short of the authorities’ objectives in recent years. As the government looks to reinvigorate its growth and debt reduction strategy, it is instructive to examine how exogenous shocks and other unanticipated developments can affect economic outcomes....
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