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Financial System Soundness in the Caribbean: An Initial Assessment
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Author/Editor: |
Worrell, DeLisle | Cherebin, Desiree | Polius, Tracy |
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August 1, 2001 |
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Electronic Access: |
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate.
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Summary: A survey of the financial systems of Caribbean countries reveals systems dominated by banks, with services widely available. Jamaica is the only country to have experienced a financial crisis. The paper describes recent improvements in the regulatory framework, and examines factors, which affect the soundness of the financial system, using both intuitive and econometric methodologies. The study identifies regulatory improvements that are needed, as well as additional data and analysis required to complete the assessment, which revealed no new threats to the financial system.
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Series: |
Working Paper No. 01/123 |
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Subject(s): |
Financial systems | Caribbean | Aruba | Netherlands Antilles | Dominican Republic | Antigua and Barbuda | Bahamas, The | Barbados | Belize | Dominica | Grenada | Haiti | Jamaica | St. Kitts and Nevis | St. Lucia | St. Vincent and the Grenadines | Suriname | Trinidad and Tobago | Saint Lucia | Guyana | Saint Vincent and the Grenadines | Saint Kitts and Nevis |
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Author's keyword(s): |
Financial sector | Caribbean |
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Published: |
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August 1, 2001 |
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ISBN/ISSN: |
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1934-7073 |
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Format: |
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Paper |
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Stock No: |
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WPIEA1232001 |
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Pages: |
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38 |
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Price: |
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US$15.00
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Price Delivery Note: |
Prepayment required for individual copies. An annual subscription is $375.00 a year. It includes 12 monthly shipments and priority mail delivery. The Stock No. for the subscription is WPEA. |
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