World Bank – Taming Volatility in the Eastern Caribbean

The World Bank is of the view that while the recent growth acceleration in the region is good news, it is time for Regional governments to put counter-cyclical measures in place (saving more when times are good, using savings as a buffer when times are bad).

The World Bank is also encouraging deeper regional integration to benefit from cost sharing and risk pooling, as well as promoting a stronger financial sector by improving banking supervisions and exploring future consolidation.

Link: http://www.worldbank.org/en/news/feature/2017/03/29/learning-to-lean-against-wind-eastern-caribbean

Link: http://www.worldbank.org/en/news/infographic/2017/03/29/taming-volatility-eastern-caribbean

Link: http://www.worldbank.org/en/news/press-release/2017/03/29/caribbean-benefit-regional-integration-world-bank

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The Caribbean Association of Banks, Inc. is the representative body and recognized voice for banks and other financial institutions in the Caribbean. We seek to influence policies and legislation which impact the sector by advocating on our members’ behalf and participating in the global network of similar institutions.

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