Monday 27 May 2013

The IMF’s Caribbean Report: A Critique by Ronald Ramkissoon Ph.D. Senior Economist, Republic Bank Ltd.

The IMF’s Caribbean Report: A Critique by Ronald Ramkissoon Ph.D. Senior Economist.

"The recent International Monetary Fund (IMF) Report on the Caribbean titled 
Caribbean Small States: Challenges of High Debt and Low Growth (February 20, 2013) deserves particular attention for some of the things it says, and for some of the things it did not say. As is well known, Caribbean states, to varying degrees, are finding it extremely difficult to make ends meet and states are increasingly turning to the multilaterals, including the IMF, for help. What is the report saying about the challenges of the Caribbean and what are the recommendations? Are these recommendations adequate? Is anything missing?"

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