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Regional Economic Outlook, October 2018, Western Hemisphere Department

An Uneven Recovery

Amid escalating trade tensions, tighter financial conditions, and volatile commodity markets, economic recovery in LAC has both moderated and become more uneven

Migration and Remittances in Latin America and the Caribbean
			: Engines of Growth and Macroeconomic Stabilizers?

Migration and Remittances in Latin America and the Caribbean : Engines of Growth and Macroeconomic Stabilizers? »

Volume/Issue: 2017/144

Series: IMF Working Papers

Author(s): Kimberly Beaton , Svetlana Cerovic , Misael Galdamez , Metodij Hadzi-Vaskov , Franz Loyola , Zsoka Koczan , Bogdan Lissovolik , Jan Martijn , Yulia Ustyugova , and Joyce Wong

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2017

DOI: http://dx.doi.org/10.5089/9781484303641.001

ISBN: 9781484303641

Keywords: Dominica, Dominican Republic, Caribbean, Costa Rica, Antigua and Barbuda, Asia and Pacific, Bahamas, The, Barbados, Belize, El Salvador

Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migr...

Workers' Remittances
			: An Overlooked Channel of International Business Cycle Transmission?

Workers' Remittances : An Overlooked Channel of International Business Cycle Transmission? »

Volume/Issue: 2012/251

Series: IMF Working Papers

Author(s): Adolfo Barajas , Ralph Chami , Christian Ebeke , and Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 October 2012

DOI: http://dx.doi.org/10.5089/9781475535822.001

ISBN: 9781475535822

Keywords: Business Cycle Synchronization, remittance, business cycle, remittance flows, Financial Aspects of Economic Integration, Open Economy Macroeconomics,

This paper shows that remittance flows significantly increase the business cycle synchronization between remittance-recipient countries and the rest of the world. Using both aggregate and bilateral remittances data...

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union

Tax Concessions and Foreign Direct Investment in the Eastern Caribbean Currency Union »

Volume/Issue: 2008/257

Series: IMF Working Papers

Author(s): Jingqing Chai , and Rishi Goyal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2008

DOI: http://dx.doi.org/10.5089/9781451871159.001

ISBN: 9781451871159

Keywords: Concessions, Incentives, ECCU, fdi, tax incentives, direct investment,

Tax concessions have been employed as a central component of the development strategy in the small island states comprising the Eastern Caribbean Currency Union. This paper compares the costs of concessions in term...