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September, 2010
Thematic Area: 

With the advent of the World Trade Organization (WTO), the EU and the Caribbean were forced to negotiate a more liberal Economic Partnership Agreement (EPA) in 2008 and renounce many of their preferential trade relationships. This research examines the impact of the EPA on Caribbean states, showing it to be modest.

April, 2010
Thematic Area: 

Fiscal sustainability was finally breached during the 2009 fiscal year when interest payments reached an unprecedented 66 percent of revenues. This crisis precipitated the Jamaica Debt Exchange (JDX) in February 2010 which appears to have been well designed and executed.

November, 2009
Thematic Area: 

The Economic Partnership Agreement (EPA) recently concluded by the European Union and CARIFORUM (the countries of CARICOM plus the Dominical Republic) replaces the Lomé arrangements and will govern trade between the two regions going forward. Using a computable general equilibrium (CGE) model, this exercise traces the economic impact of the tariff reductions on European Union imports into the Caribbean and consequently on the economies in the region.

November, 2009
Thematic Area: 

This paper provides an overview of the existing education system in Jamaica and an analysis on the use of education report cards and value-added assessments for increasing accountability in the education system

April, 2009
Thematic Area: 

Whenever the value of the Jamaican dollar depreciates there is public debate as to whether the country should change its currency regime to some form of fixed rate or dollarization. This study examines the exchange rate options for Jamaica.

December, 2008
Thematic Area: 

Social partnerships have emerged as a means for countries to cope with harsh economic circumstances. In this paper, we survey the experiences of other countries and conduct one-on-one consultations with Jamaican stakeholders to ascertain the prospects for successful social partnerships.

September, 2008
Thematic Area: 

The services sector may serve as an important source of economic growth for the Caribbean, but only if the region moves beyond tourism to take advantage of emerging opportunities in other service areas.

March, 2008
Thematic Area: 

Jamaica is one of the most indebted countries in the world. This paper explores the reasons for the indebtedness and analyses the impact of three policy initiatives on the future evolution of debt to provide fiscal policy guidelines.

January, 2008
Thematic Area: 

Tens of thousands of Jamaicans are likely to have invested in informal investment schemes (IIS). The extent to which Jamaicans are likely to invest in IIS and the impact of these schemes on the economy is the focus of investigation in this study.

November, 2007
Thematic Area: 

The island’s economic dependence on the natural environment means Jamaica’s development relies on the country’s capacity to cope with natural disasters.

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