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Dr. Allan Wright

Dr. Allan Wright

Dr. Allan Wright is currently an Economics Sr. Specialist at the Inter-American Development Bank, based in Nassau, Bahamas and an associate researcher for the Caribbean Centre for Money and Finance. Formally a senior Economist at the Central Bank of Barbados and a Researcher at the Center for Monetary Studies in Latin America (CEMLA), Dr. Wright received his PhD in Economics. Dr. Wright’s publications on growth, investment and tourism have appeared in regional and international journals. His current work lies mainly in the areas of debt and fiscal policy, forecasting, de-risking, economic growth, foreign direct investment and aspects of the real sector including tourism.

High-risk listing problematic for The Bahamas

July 19, 2019 by Dr. Allan Wright Leave a Comment

In our latest Caribbean DevTrends blog Economics Senior Specialist in The Bahamas Dr. Allan Wright discusses his recent co-authored IDB publication titled  The EU AML/CFT List of High-Risk Third Jurisdictions: Implications and Options for The Bahamas. This Policy Brief has argued that inclusion on any future adopted European Union (EU) Anti-Money Laundering/Combating … [Read more...] about High-risk listing problematic for The Bahamas

Will automation undermine or enhance human development?

June 5, 2019 by Sharell Carroll - Dr. Allan Wright Leave a Comment

Imagine a community without trending conversations around the new world of work, artificial intelligence, and disruptive technology? One word – Obsolete. In an effort to spark dialogue and new perspectives, Dr. Allan Wright, the Inter-American Development Bank’s (IDB) economist in Nassau, recently gave a presentation at The University of The Bahamas (UB) on the economic … [Read more...] about Will automation undermine or enhance human development?

Fiscal Councils: Cutting edge fiscal architecture, or panacea?

March 1, 2019 by Henry Mooney - Dr. Allan Wright Leave a Comment

Independent fiscal councils are among the most recent innovations in terms of the architecture of fiscal institutions. The first council was established just after World War II, and by 2016, 37 countries had implemented them across the world—most of these in the wake of the global financial crisis that began in 2008. Caribbean countries are just the latest frontier in the … [Read more...] about Fiscal Councils: Cutting edge fiscal architecture, or panacea?

How The Bahamas’ Fiscal Responsibility Framework of 2018 will aid governance and accountability

December 7, 2018 by Dr. Allan Wright Leave a Comment

The Bahamas’ Fiscal Responsibility Bill (FRB) 2018, can be compared with some standard principles that typically guide the formation of a Fiscal Responsibility Framework (FRF).  Based on our examination, we conclude that the objectives of The Bahamas’ proposed FRF are clear, sound and are in accord with the typical objectives of a standard rules-based framework.  We also find … [Read more...] about How The Bahamas’ Fiscal Responsibility Framework of 2018 will aid governance and accountability

What will the Caribbean’s financial sector of the future look like?

June 29, 2018 by Dr. Allan Wright Leave a Comment

Four macro-critical factors have the potential to trigger a creative disruption in the financial sector in the Caribbean region in the not-too-distant future. These macro-critical factors are (i) risks from climatic changes and natural disasters; (ii) advance in financial technology; (iii) derisking activities by correspondent banks; and (iv) changing lifestyles and … [Read more...] about What will the Caribbean’s financial sector of the future look like?

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Caribbean Dev Trends

We provide unique and timely insights on the Caribbean and its political, social, and economic development. At the IDB, we strive to improve lives in the Caribbean by creating vibrant and resilient economies where people are safe, productive and happy.

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