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The authors study the economic performance of ten Caribbean islands in two groups: six small islands from the Organization of Eastern Caribbean States (OECS) and four larger islands: Barbados, Dominican Republic, Jamaica, and Trinidad and Tobago. They compute external shocks together with each island's performance response to them. Some islands resorted inordinately to external financing to cope with adverse shocks. Others tried to compensate by stimulating...

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Author

Mccarthy,F. Desmond;

Zanalda, Giovanni;
Document Date
1995/11/30
Document Type
Policy Research Working Paper
Report Number
WPS1544
Volume No
1
Total Volume(s)
1
Country
Trinidad and Tobago, Jamaica, Dominican Republic, Barbados,
Region
Latin America and Caribbean,
Disclosure Date
2010/07/01
Doc Name
Economic performance in small open economies : the Caribbean experience, 1980-1992
Keywords
terms of trade shock

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Citation

Mccarthy,F. Desmond; Zanalda, Giovanni.

Economic performance in small open economies : the Caribbean experience, 1980-1992 (English). Policy, Research working paper ; no. WPS 1544 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/361821468752120016

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