Recent events in the Bahamas are historic on many levels. Hurricane Dorian and the pandemic hitting within six months, is the absolute worst crisis the Bahamas has ever experienced, prompting the World Bank to extend financing on an exceptional basis. This report analyses the recent Fiscal Budget, against this backdrop.
“History, Analysis and Socio-Economic Implications of the EU’s Blacklisting of Vanuatu” takes an in-depth look at the EU’s tax and AML/CFT Blacklisting policy, how it is is being unilaterally and disproportionately applied to this former European colony, why the EU’s actions are counterproductive, brutal and discriminatory in nature, and the socio-economic damage the EU is […]
“There are two ways one can help a man – up or down” – Caribbean proverb. Which way is the European Union (EU) choosing with respect to its unilateral application of its own tax and anti–money laundering policies, on acutely vulnerable, former European colonies? This report analyses the EU’s Blacklisting of Vanuatu and explores the […]
Capital Markets in the Cayman Islands Opportunities, challenges and potential solutions that can be implemented to support capital market development in the Cayman Islands.
- December 21, 2020
Structural weaknesses and long-standing fiscal and external vulnerabilities already challenging The Bahamas were compounded over the last 15 months by the worst natural disaster and economic shock in its history…
- August 25, 2020
This report takes a look at why T&T could be heading to default and a balance of payments crisis by end-2022. With a wide and growing fiscal deficit, higher debt, grossly overvalued TTD and other harmful FX policies…
- March 30, 2020
Read our most recent scenarios given the severe interruptions to tourism from COVID-19 and the lower oil price environment for the Caribbean’s commodity dependent countries. This report reviews: Caribbean implications of COVID-19, fiscal outlooks and risks, remittance, travel and tourism outlook, outlooks for commodity-dependent countries, policy/response recommendations and risks to monitor.
- October 3, 2019
The persistently weak economy in Trinidad and Tobago is a product of fiscal and broader macroeconomic mismanagement under successive governments. Marla takes a look at how a fiscal responsibility framework can help put the country’s economy on a sustainable path.
Marla answers questions on the underlying causes of the foreign currency crunch in Trinidad and Tobago, and what must be done to remedy the situation.
- July 25, 2019
Moody’s released its Annual Credit Analysis on the Government of Trinidad and Tobago (GORTT) on June 28, 2019, followed by a FAQ on growth prospects, fiscal consolidation, and external risks on July 15, 2019. Moody’s has maintained its Ba1 (speculative/junk) rating on T&T with a stable outlook. On July 9, 2019, S&P Ratings downgraded T&T’s […]