Foreign direct investment (FDI) is a vital ingredient in achieving sustained growth in the Caribbean region. However, FDI inflows have been affected by issues such as market factors, trade barriers, costs factors, investment climate, political and foreign exchange stability. To this end, this...

Six small Caribbean islands did remarkably well during a period of significant economic problems, while four larger islands did poorly. Why? The difference in performance cannot be explained by external shocks alone.McCarthy and Zanalda study the economic performance of ten Caribbean islands...

Small, open developing economies in general, and small island developing states (SIDS) in particular, have specific macroeconomic characteristics due both to their openness and their small size. Small size means they can never have fully independent capital-intensive domestic economies, so to...

The adverse impact of sovereign debt defaults on the international financial system has occasioned intense interest in methodologies for assessing sovereign debt risk. This is manifest in an outpouring of studies, research which has uncovered the fact that the riskiness of sovereign debt is...

Introduction / Robert E. Looney -- An alternative policy approach to growth and stabilization in small open economies / DeLisle Worrell -- Impacts of climate change on Caribbean economies / Masaō I. Ashtine -- Caribbean energy security : regional profile and challenges to integration / David...