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Macroeconomic Resilience in the Caribbean : 360 Degree Resilience Background Paper / Ran Li.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
Li, Ran.
Series:
Other papers.
World Bank e-Library.
Language:
English
Subjects (All):
Climate Change Impacts.
Debt.
Economic Conditions and Volatility.
Economic Diversification.
Environment.
Financial Development.
Fiscal and Monetary Policy.
Macroeconomic Management.
Macroeconomics and Economic Growth.
Macroprudential Policy.
Monetary Policy.
Natural Disasters.
Local Subjects:
Climate Change Impacts.
Debt.
Economic Conditions and Volatility.
Economic Diversification.
Environment.
Financial Development.
Fiscal and Monetary Policy.
Macroeconomic Management.
Macroeconomics and Economic Growth.
Macroprudential Policy.
Monetary Policy.
Natural Disasters.
Other Title:
Macroeconomic Resilience in the Caribbean
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
Macroeconomic shocks refer to any unpredicted disturbance to the economy through internal or external factors. Economic resilience is broadly defined as the inherent or policy-induced ability of individuals or communities to withstand or recover from the effects of the various shocks. The external shocks lead to volatilities and impose high risks on the economies. This chapter aims to characterize the overall macroeconomic resilience in the Caribbean region against a broad range of external shocks.

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