Photo by SKopp - Own work, Government of Saint Lucia, Public Domain 2015 marks the 100th anniversary of Sir William Arthur Lewis’ birth. Who was Arthur Lewis? He was a Saint Lucian born economist who in 1979 won the only Nobel Prize in Economics by a native Caribbean for his contributions in the field of economic development. In his most influential publication entitled … [Read more...] about Sir William Arthur Lewis’ 100th Anniversary
Remittances as a Safety Net in Jamaica
This policy brief answers three main questions for the Jamaican economy: (a) Do remittances act as a safety net during negative health shocks? (b) Are remittances subject to moral hazard by receivers? (c) How does formal health insurance interact with remittances as a safety net during adverse health episodes? Evidence suggests that remittances offer full protection against … [Read more...] about Remittances as a Safety Net in Jamaica