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on how climate change affects sovereign risks is limited. This paper provides forward-looking regional analysis of the … effects of climate change on sovereign creditworthiness, probability of default and the cost of borrowing for the Caribbean …
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Caribbean Islands are exposed to hurricanes, the damages of which are projected to intensify due to anthropogenic … debt. We investigate what the typical impact of Caribbean hurricanes on public debt in the region has been and how …
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, remittances. Reliance on remittance income is seen as a stop gap that cannot secure sustainability of the monetary system and …
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Remittances are transfers of money by foreign workers to their home countries. These remittance flows have been … find that indeed remittances play a significant role in stabilizing a country which has defaulted on its sovereign debt … confirm yet another channel through which remittances can have a positive influence on recipient countries' economy since they …
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