This paper assesses the determinants of NPLs in the Eastern Caribbean Currency Union (ECCU)
and whether a deterioration in asset quality may result in negative feedback effects …

Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs).
The macroeconomic impact has so far been limited, in part because banks either have …

The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a
legacy of the global financial crisis, but their persistence owes much to the weak economic …

This paper empirically investigates international and domestic monetary policy transmission
mechanisms in the Eastern Caribbean Currency Union (ECCU). We assess interest rate …

The COVID-19 crisis may lead to a series of costly and inefficient sovereign debt
restructurings. Any such restructurings will likely take place during a period of great economic …

This paper applies network analysis to assess the extent of systemic vulnerabilities in the
ECCU banking system. It includes two sets of illustrative stress tests. First, solvency and …

Banks across the Caribbean have lost important Correspondent Banking Relationships (CBRs).
The macroeconomic impact has so far been limited, in part because banks either have …

This paper applies network analysis to assess the extent of systemic vulnerabilities in the
ECCU banking system. It includes two sets of illustrative stress tests. First, solvency and …

Global inflation surged in 2022, driven by high gas price growth. With Russia being a key
supplier of energy products, the start of the war in Ukraine has led to strong inflationary …

Market capitalizations in the LA-7 (Brazil, Chile, Colombia, Mexico, Panama, Peru, and
Uruguay) are moderate in size by emerging market standards; however, continued growth and …