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The impact of crime on tourism to Barbados was examined using a transfer function approach. Results indicate that an increase in the overall crime rate has a negative and significant impact on arrivals to the island. However, the fall-off is delayed, starting six months after a one-unit increase...
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Using vector autoregressive (VAR) methodology, this paper empirically investigates the macroeconomic effects of oil price fluctuations on Trinidad and Tobago. Overall, we find that the price of oil is a major determinant of economic activity of the country. Our impulse response functions suggest...
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Credit unions differ from commercial banks and other financial institutions since their members are the owners of the credit union and they elect board of directors in a democratic one-person-one vote system regardless of the amount of money invested in the credit union. Credit unions contribute...
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