This blog post considers the theory and practice of monetary policy, particularly in the context of inflation targeting regimes such as the one recently adopted by the Bank of Jamaica (BOJ). We discuss factors affecting domestic prices, particularly in the context of persistently-low inflation when monetary authorities begin running out of scope for further conventional … [Read more...] about Pushing on a string? Low inflation and the curious case of monetary policy near the zero bound
Within an international context, distance education for many decades was considered as the mode of learning devoted exclusively to the so-called non-traditional student. This was part of a group seen as a minority, which for various reasons — geographical distances, financial barriers or lack of time — was not able to attain what was considered ‘normal’ education. Through … [Read more...] about Online learning: the next frontier for education in the Caribbean?
In a recent publication “Financial Depth, Access, and Inclusion in the Caribbean” (March 2019), IDB economists from across the Caribbean region review the linked issues of financial development, access, and inclusion, with a view to identifying trends, common features, and potential areas for reform. The importance of financial access and inclusion for inclusive and sustainable … [Read more...] about Sustainable Development in the Caribbean: The Importance of Financial Access and Inclusion
For many organizations, the first quarter of the year offers a new beginning. It’s an opportunity to set targets and pursue them with renewed zeal. But in many cases, the first quarter is also an anxious time in which employee performance is reviewed. It’s no wonder then that phrases like ‘one on one’, ‘fairness’, ‘transparency’ and ‘the curve’ begin to hover in the office … [Read more...] about Changing the Game: A look at employee evaluations
We are often reminded that climate change is not a phenomenon to be taken lightly. However, too often we only come to grips with this important issue when an event has severely wounded an island-neighbor for the fear that our island may be the next to suffer similar consequences. And there is no telling just when that might be. In recent years, Barbados has experienced more … [Read more...] about Resilience Starts At Home: How can Barbadians take the fight to climate change?