Impact Consulting

Modelling the Stability of the Barbadian Financial System

Aim of the Project The financial system is one of the most important parts of an economy, governing all movements of capital between agents. It also provides useful indicators of the health of an economy and various groups such as government entities, private companies and individuals. Many observers of any economy will therefore pay close …

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Forecasting the future of the Barbadian Insurance Industry

Aim of the Project The great recession that began in 2007 was a period of significant uncertainty. Economic activity in most Caribbean countries contracted, resulting in rising rates of unemployment and reduced sales for most companies. Our client was a company within the Barbadian insurance industry, which is particularly sensitive to changes in the labour …

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Impact of Legislative Change on Demand for Medicines in Barbados

Aim of the Project In early 2011, the Government of Barbados introduced a dispensing fee for prescriptions filled at private pharmacies. This fee, the equivalent of 30% of the cost of the medicine, was expected to raise US$6 million for the Government and reduce the budget of the Barbados Drug Service by US$8.7 million. The …

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