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Caribbean Economics Quarterly

The cover of this issue shows a ship in turbulent waters and a soaring bird in the sky, the magazine name and title of the volume appears in white text over the gloomy imagery

General Abstract:

Caribbean Economics Quarterly discusses recent economic developments in the 6 IDB-Member Caribbean countries as well as the Organizations of Eastern Caribbean States (OECS). The countries are: The Bahamas, Barbados, Guyana, Jamaica, Suriname and Trinidad and Tobago.

Abstract for Volume 11: Issue 3, December 2022

Just as Caribbean economies are emerging from the sharp recessions associated with the COVID-19 pandemic, a confluence of external shocks now complicates the recovery. Commodity prices started rising in late 2021, and the Russian invasion of Ukraine in late February of this year disrupted supplies and led to further price increases. The macroeconomic effects are varied across the Caribbean, depending on each country's trade specialization. However, households across the region are feeling the impact on their purchasing power. In addition, the normalization of monetary policy in global financial centers is increasing the cost of external borrowing for governments, with knock-on effects for borrowing costs for firms and households. This edition of the Caribbean Economics Quarterly provides a regional overview of the impacts of these external shocks, as well as country chapters that provide more detailed country-level information.

Here are some links to the latest issues:

1. 2022 :vol. 11 no. 3: Headwinds Facing The Post-Pandemic Recovery

2. 2022: vol. 11 no. 2: Finance for Firms: Options for Improving Access and Inclusion

3. 2022: vol. 11 no. 1: Year in Review in Graphs: Economic Story of 2021 in a Series of Graphs

4. 2021: vol. 10 no. 3: Digital Infrastructure and Development in the Caribbean

5. 2021: vol. 10 no. 2: The Fragile Path to Recovery


Note. Previously called the Caribbean Quarterly Economic Bulletin, The Caribbean Economics Quarterly is a serial publication of the Inter-American Development Bank (IDB).