Month: October 2013

Recession and Falling Reserves: 2013Q3 Review

The Central Bank of Barbados (CBB) released their review of the economic performance of Barbados for the first nine months of 2013. As expected, the country slid deeper into recession and the CBB estimates that economic activity declined by 0.7% so far for the year. The key drivers of economic activity – tourism and construction …

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Caribbean Economics, More Than National Policy

As an economist I’m often faced with many misconceptions about the profession and the scope of work that economists do. Everyone expects all economists to be following GDP, inflation, monetary policy and fiscal policy. We’re supposed to be experts on national debt and trade policies. And, we’re supposed to be very critical of policymakers, unless …

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